Japan - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMicrowave Oven Price in Japan - 2023
Contents:
- Microwave Oven Price in Japan (CIF) - 2022
- Microwave Oven Price in Japan (FOB) - 2022
- Microwave Oven Imports in Japan
- Microwave Oven Exports in Japan
Microwave Oven Price in Japan (CIF) - 2022
The average microwave oven import price stood at $78 per unit in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of 11%. The import price peaked at $123 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($78 per unit), while the price for Thailand stood at $78 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.7%).
Microwave Oven Price in Japan (FOB) - 2022
In 2022, the average microwave oven export price amounted to $567 per unit, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 15%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,605 per unit), while the average price for exports to Cambodia ($101 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 Canada (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.
Microwave Oven Imports in Japan
Microwave oven imports into Japan rose markedly to 6.2M units in 2022, with an increase of 5.4% on the year before. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, microwave oven imports stood at $478M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 10% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Microwave Oven in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 229 | 255 | 298 | 314 | 11.1% |
| Thailand | 162 | 148 | 151 | 162 | 0.0% |
| Others | 1.7 | 3.1 | 0.6 | 1.9 | 3.8% |
| Total | 392 | 406 | 449 | 478 | 6.8% |
Top Suppliers of Microwave Oven to Japan in 2022:
- China (4.0M units)
- Thailand (2.1M units)
Microwave Oven Exports in Japan
In 2022, the amount of microwave ovens exported from Japan declined significantly to 1.9K units, reducing by -51.6% on 2021 figures. Overall, exports saw a significant curtailment. The smallest decline of -19.5% was in 2020. The exports peaked at 9.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, microwave oven exports dropped remarkably to $1.1M in 2022. In general, exports faced a dramatic contraction. The smallest decline of -12.8% was in 2020. Over the period under review, the exports attained the maximum at $4.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Microwave Oven in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,829 | 1,693 | 1,125 | 646 | -29.3% |
| Qatar | 3.6 | 132 | 150 | 131 | 231.4% |
| Singapore | 445 | 352 | 356 | 41.7 | -54.6% |
| China | 365 | 263 | 396 | 34.7 | -54.4% |
| Hong Kong SAR | 24.7 | 62.6 | 34.8 | 18.4 | -9.3% |
| Cambodia | 58.4 | 26.3 | N/A | 14.0 | -37.9% |
| Australia | 227 | 215 | 3.0 | 3.3 | -75.6% |
| Malaysia | 226 | 50.1 | 10.0 | N/A | -79.0% |
| United Arab Emirates | 606 | 140 | 2.2 | N/A | -94.0% |
| Others | 588 | 883 | 85.8 | 165 | -34.5% |
| Total | 4,374 | 3,815 | 2,162 | 1,054 | -37.8% |
Top Export Markets for Microwave Oven from Japan in 2022:
- Taiwan (Chinese) (1170.0 units)
- Qatar (362.0 units)
- Cambodia (138.0 units)
- China (70.0 units)
- Singapore (43.0 units)
- Hong Kong SAR (32.0 units)
- Australia (8.0 units)
This report provides an in-depth analysis of the microwave oven 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 27512700 - Domestic microwave ovens
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
-
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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