Japan - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnetic Card Price in Japan - 2023
Contents:
- Magnetic Card Price in Japan (CIF) - 2023
- Magnetic Card Price in Japan (FOB) - 2022
- Magnetic Card Imports in Japan
- Magnetic Card Exports in Japan
Magnetic Card Price in Japan (CIF) - 2023
In September 2023, the average magnetic card import price amounted to $793 per thousand units, rising by 2.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.1%. The growth pace was the most rapid in August 2023 when the average import price increased by 23% m-o-m. The import price peaked in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($1.1 per unit), while the price for Taiwan (Chinese) ($389 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Magnetic Card Price in Japan (FOB) - 2022
The average magnetic card export price stood at $0.9 per unit in 2022, rising by 29% against the previous year. Overall, the export price posted a significant increase. The growth pace was the most rapid in 2018 when the average export price increased by 115%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.
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 South Korea ($5.7 per unit), while the average price for exports to Singapore ($0.1 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 (+41.9%), while the prices for the other major destinations experienced more modest paces of growth.
Magnetic Card Imports in Japan
For the third year in a row, Japan recorded decline in purchases abroad of cards incorporating a magnetic stripe, which decreased by -37% to 3.8M units in 2022. Over the period under review, imports continue to indicate a sharp decrease. Over the period under review, imports hit record highs at 25M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, magnetic card imports reduced sharply to $2.2M in 2022. In general, imports recorded a precipitous shrinkage. Over the period under review, imports hit record highs at $12M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Magnetic Card in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 3.9 | 1.4 | 1.0 | 1.0 | -36.5% |
| Taiwan (Chinese) | 2.1 | 1.5 | 1.5 | 0.4 | -42.5% |
| United States | 1.9 | 1.5 | 0.5 | 0.4 | -40.5% |
| China | 3.6 | 2.0 | 0.4 | 0.3 | -56.3% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 11.6 | 6.4 | 3.3 | 2.2 | -42.5% |
Top Suppliers of Magnetic Card to Japan in 2022:
- Vietnam (1644.4K units)
- United States (857.3K units)
- Taiwan (Chinese) (629.8K units)
- China (614.6K units)
Magnetic Card Exports in Japan
In 2022, the amount of cards incorporating a magnetic stripe exported from Japan contracted markedly to 466K units, falling by -20.4% against 2021 figures. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. The exports peaked at 837K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, magnetic card exports totaled $429K in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. The exports peaked at $436K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Magnetic Card in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 108 | 17.8 | 17.8 | 242 | 30.9% |
| China | 31.3 | 14.9 | 51.6 | 36.8 | 5.5% |
| Taiwan (Chinese) | 21.8 | 18.5 | 9.3 | 30.1 | 11.4% |
| United States | 16.6 | 18.7 | 39.2 | 16.5 | -0.2% |
| Indonesia | N/A | 13.1 | N/A | 9.5 | -14.8% |
| India | N/A | N/A | 20.3 | 5.5 | -72.9% |
| United Arab Emirates | 71.5 | 71.2 | 238 | 5.1 | -58.5% |
| Singapore | 7.1 | N/A | 0.9 | 2.2 | -32.3% |
| Philippines | 115 | 64.1 | 1.9 | 2.1 | -73.7% |
| Australia | 10.3 | 3.7 | 14.7 | N/A | 19.5% |
| Others | 54.4 | 31.8 | 25.2 | 79.7 | 13.6% |
| Total | 436 | 254 | 419 | 429 | -0.5% |
Top Export Markets for Magnetic Card from Japan in 2022:
- Hong Kong SAR (221.6K units)
- United States (100.6K units)
- China (57.8K units)
- Singapore (26.4K units)
- Taiwan (Chinese) (13.7K units)
- India (9.1K units)
- Indonesia (7.7K units)
- Philippines (4.0K units)
- United Arab Emirates (2.5K units)
This report provides an in-depth analysis of the magnetic card market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26801400 - Cards incorporating a magnetic stripe
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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