Japan: Drawing Board Market 2024

Drawing Board Market Size in Japan

The Japanese drawing board market shrank to $X in 2022, with a decrease of -8.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. Drawing board consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Drawing Board Exports

Exports from Japan

In 2022, after two years of decline, there was significant growth in overseas shipments of slates and boards with writing or drawing surfaces, when their volume increased by 105% to X units. In general, exports, however, recorded a noticeable descent. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, drawing board exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2019 when exports increased by 90%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X units), China (X units) and Thailand (X units) were the main destinations of drawing board exports from Japan, with a combined 87% share of total exports. South Korea, Australia, the Netherlands, Singapore and the United States lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +225.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), China ($X) and Thailand ($X) appeared to be the largest markets for drawing board exported from Japan worldwide, together comprising 81% of total exports. Australia, South Korea, the Netherlands, Singapore and the United States lagged somewhat behind, together accounting for a further 17%.

Among the main countries of destination, the Netherlands, with a CAGR of +201.3%, recorded 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 2022, the average drawing board export price amounted to $X per unit, declining by -29.9% against the previous year. Overall, the export price saw a noticeable slump. The growth pace was the most rapid in 2015 when the average export price increased by 56%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to China ($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 South Korea (+0.3%), while the prices for the other major destinations experienced a decline.

Drawing Board Imports

Imports into Japan

In 2022, imports of slates and boards with writing or drawing surfaces into Japan dropped to X units, which is down by -11.4% on 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 9.4% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, drawing board imports reduced to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 7.9%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of drawing board to Japan, accounting for a 95% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 2.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-1.4% per year) and Malaysia (+37.9% per year).

In value terms, China ($X) constituted the largest supplier of slates and boards with writing or drawing surfaces to Japan, comprising 92% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 3.4% share of total imports.

From 2012 to 2022, 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: Taiwan (Chinese) (+1.0% per year) and Malaysia (+33.8% per year).

Import Prices by Country

The average drawing board import price stood at $X per unit in 2022, increasing by 4% against the previous year. Overall, the import price continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2018 an increase of 4.2% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Taiwan (Chinese) ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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