Japan: Printing Press Market 2024

Printing Press Market Size in Japan

The Japanese printing press market expanded modestly to $X in 2022, growing by 4.3% against the previous year. Over the period under review, consumption, however, saw a deep setback. Printing press consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Printing Press Production in Japan

In value terms, printing press production dropped modestly to $X in 2022 estimated in export price. In general, production, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of 30% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Printing Press Exports

Exports from Japan

In 2022, shipments abroad of printing presses increased by 5.8% to X units, rising for the second year in a row after three years of decline. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 88%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, printing press exports fell to $X in 2022. Over the period under review, exports, however, recorded a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

India (X units), Indonesia (X units) and China (X units) were the main destinations of printing press exports from Japan, together accounting for 17% of total exports. South Korea, Bangladesh, Vietnam, the United States, the United Arab Emirates, Taiwan (Chinese), Turkey and the UK lagged somewhat behind, together accounting for a further 9.8%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +19.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for printing presses exports from Japan, comprising 36% of total exports. The second position in the ranking was held by India ($X), with a 10% share of total exports. It was followed by South Korea, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value to China stood at -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+2.4% per year) and South Korea (+6.5% per year).

Export Prices by Country

The average printing press export price stood at $X per unit in 2022, which is down by -12.7% against the previous year. Over the period under review, the export price faced a abrupt contraction. The growth pace was the most rapid in 2013 an increase of 21%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Japan

In 2022, approx. X units of printing presses were imported into Japan; with a decrease of -43% on the previous year's figure. Overall, imports saw a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 32% against the previous year. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, printing press imports dropped significantly to $X in 2022. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 28% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of printing press to Japan, with a 58% share of total imports. Moreover, printing press imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Israel (X units), with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-24.2% per year) and Israel (-10.4% per year).

In value terms, Germany ($X) constituted the largest supplier of printing presses to Japan, comprising 62% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Israel, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-12.6% per year) and Israel (-4.9% per year).

Import Prices by Country

The average printing press import price stood at $X per unit in 2022, picking up by 18% against the previous year. In general, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 28% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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