Report Update: May 1, 2024

Japan - Table, Kitchen Or Household Articles Of Cast Iron - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cast Iron Household Articles in Japan - 2023

Price for Cast Iron Household Articles in Japan (CIF) - 2023

The average cast iron household articles import price stood at $11,180 per ton in September 2023, reducing by -16.1% against the previous month. Overall, import price indicated slight growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, cast iron household articles import price increased by +20.0% against July 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 92% m-o-m. As a result, import price reached the peak level of $14,568 per ton. From March 2023 to September 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($16,748 per ton), while the price for China totaled $3,574 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+0.9%).

Price for Cast Iron Household Articles in Japan (FOB) - 2023

In September 2023, the average cast iron household articles export price amounted to $23,157 per ton, declining by -21.4% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in December 2022 an increase of 62% month-to-month. As a result, the export price reached the peak level of $29,665 per ton. From January 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($30,364 per ton), while the average price for exports to France ($17,430 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cast Iron Household Articles in Japan

In 2022, approx. 4.3K tons of table, kitchen or household articles of cast iron were imported into Japan; which is down by -18.2% against the previous year. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of 5.3K tons, and then dropped significantly in the following year.

In value terms, cast iron household articles imports shrank slightly to $37M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $38M, and then fell slightly in the following year.

Import of Cast Iron Household Articles in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	19.8	20.6	26.2	27.0	10.9%
China	8.1	8.0	10.0	8.2	0.4%
United States	1.1	0.8	1.1	0.8	-10.1%
Vietnam	N/A	N/A	N/A	0.3	0%
Others	0.4	0.6	1.0	0.8	26.0%
Total	29.5	30.0	38.4	37.1	7.9%

Top Suppliers of Cast Iron Household Articles to Japan in 2022:

China (2316.4 tons)
France (1734.0 tons)
United States (115.8 tons)
Vietnam (66.0 tons)

Exports of Cast Iron Household Articles in Japan

In 2022, overseas shipments of table, kitchen or household articles of cast iron decreased by -7.9% to 441 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of 479 tons, and then declined in the following year.

In value terms, cast iron household articles exports reduced dramatically to $11M in 2022. Overall, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year. As a result, the exports attained the peak of $15M, and then shrank dramatically in the following year.

Export of Cast Iron Household Articles in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.7	4.7	7.9	5.9	16.8%
Taiwan (Chinese)	1.1	0.7	2.4	1.2	2.9%
United States	0.6	0.4	1.4	1.0	18.6%
South Korea	0.2	0.6	0.4	0.7	51.8%
Hong Kong SAR	0.8	0.3	0.3	0.5	-14.5%
France	0.3	0.3	0.6	0.3	0.0%
Germany	0.1	0.2	0.3	0.2	26.0%
Others	0.8	0.9	1.3	0.8	0.0%
Total	7.7	8.2	14.5	10.7	11.6%

Top Export Markets for Cast Iron Household Articles from Japan in 2022:

China (247.4 tons)
Taiwan (Chinese) (51.1 tons)
United States (31.9 tons)
South Korea (30.0 tons)
Hong Kong SAR (15.2 tons)
France (14.7 tons)
Germany (11.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cast iron household articles 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 25991217 - Table, kitchen or household articles... of cast iron

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023