Japan: Powder-Puffs And Pads Market 2024

Powder-Puffs And Pads Market Size in Japan

In 2021, the Japanese powder-puffs and pads market decreased by -12.6% to $X, falling for the third year in a row after seven years of growth. Over the period under review, consumption, however, posted a measured increase. Powder-puffs and pads consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Powder-Puffs And Pads Exports

Exports from Japan

In 2021, the amount of powder-puffs and pads for the application of cosmetics or toilet preparations exported from Japan reduced dramatically to X tons, waning by -25% compared with the previous year's figure. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 52% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, powder-puffs and pads exports dropped slightly to $X in 2021. Over the period under review, exports, however, recorded buoyant growth. The growth pace was the most rapid in 2019 with an increase of 84% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then shrank in the following year.

Exports by Country

China (X tons) was the main destination for powder-puffs and pads exports from Japan, with a 44% share of total exports. Moreover, powder-puffs and pads exports to China exceeded the volume sent to the second major destination, Singapore (X tons), twofold. The Philippines (X tons) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+22.7% per year) and the Philippines (+66.1% per year).

In value terms, Singapore ($X) remains the key foreign market for powder-puffs and pads for the application of cosmetics or toilet preparations exports from Japan, comprising 50% of total exports. The second position in the ranking was taken by China ($X), with a 22% share of total exports. It was followed by the Philippines, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at +49.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+7.2% per year) and the Philippines (+96.5% per year).

Export Prices by Country

In 2021, the average powder-puffs and pads export price amounted to $X per ton, jumping by 29% against the previous year. Overall, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 81%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Powder-Puffs And Pads Imports

Imports into Japan

In 2021, overseas purchases of powder-puffs and pads for the application of cosmetics or toilet preparations decreased by -4.9% to X tons, falling for the third consecutive year after seven years of growth. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -31.3% against 2018 indices. The pace of growth was the most pronounced in 2017 when imports increased by 23% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, powder-puffs and pads imports contracted rapidly to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 34% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest powder-puffs and pads supplier to Japan, accounting for a 74% share of total imports. Moreover, powder-puffs and pads imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), sixfold. The third position in this ranking was taken by Malaysia (X tons), with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-7.0% per year) and Malaysia (+1.3% per year).

In value terms, China ($X) constituted the largest supplier of powder-puffs and pads for the application of cosmetics or toilet preparations to Japan, comprising 61% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 16% share of total imports. It was followed by South Korea, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+6.0% per year) and South Korea (-3.9% per year).

Import Prices by Country

The average powder-puffs and pads import price stood at $X per ton in 2021, declining by -12.5% against the previous year. In general, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2016 an increase of 15% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Cambodia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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