Japan: Radio Navigation Apparatus Market 2024

Radio Navigation Apparatus Market Size in Japan

In 2021, the Japanese radio navigation apparatus market was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a noticeable contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Radio Navigation Apparatus Production in Japan

In value terms, radio navigation apparatus production surged to $X in 2021 estimated in export price. Over the period under review, production, however, faced a deep reduction. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Radio Navigation Apparatus Exports

Exports from Japan

In 2021, exports of radio navigational aid apparatus from Japan dropped significantly to X tons, waning by -28% against 2020 figures. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2015 when exports increased by 20% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, radio navigation apparatus exports dropped markedly to $X in 2021. In general, exports continue to indicate a abrupt curtailment. The smallest decline of -1.2% was in 2016. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X tons), Belgium (X tons) and China (X tons) were the main destinations of radio navigation apparatus exports from Japan, together comprising 61% of total exports. These countries were followed by Russia, the United States, Germany, Turkey, Thailand and the UK, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +75.4%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Belgium ($X) and China ($X) appeared to be the largest markets for radio navigation apparatus exported from Japan worldwide, with a combined 57% share of total exports. These countries were followed by Russia, the United States, Germany, Turkey, Thailand and the UK, which together accounted for a further 34%.

In terms of the main countries of destination, Russia, with a CAGR of +72.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average radio navigation apparatus export price amounted to $X per ton, waning by -9.7% against the previous year. In general, the export price showed a noticeable slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 15%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to China ($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 Turkey (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Radio Navigation Apparatus Imports

Imports into Japan

In 2021, overseas purchases of radio navigational aid apparatus decreased by -2% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 16%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, radio navigation apparatus imports amounted to $X in 2021. Overall, imports saw a slight setback. The most prominent rate of growth was recorded in 2019 when imports increased by 9% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Malaysia (X tons), China (X tons) and Mexico (X tons) were the main suppliers of radio navigation apparatus imports to Japan, together comprising 75% of total imports.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +61.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), China ($X) and Mexico ($X) constituted the largest radio navigation apparatus suppliers to Japan, with a combined 68% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +47.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average radio navigation apparatus import price stood at $X per ton in 2021, picking up by 2.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 9.6%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Portugal ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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