Price for Music, Printed or in Manuscript in Japan - 2023

Contents:

1. Price for Music, Printed or in Manuscript in Japan (CIF) - 2023
2. Price for Music, Printed or in Manuscript in Japan (FOB) - 2023
3. Imports of Music, Printed or in Manuscript in Japan
4. Exports of Music, Printed or in Manuscript in Japan

Price for Music, Printed or in Manuscript in Japan (CIF) - 2023

The average import price for music, printed or in manuscript, whether or not bound or illustrated stood at $38,509 per ton in July 2023, surging by 18% against the previous month. Over the period under review, the import price, however, recorded a noticeable downturn. The growth pace was the most rapid in May 2023 an increase of 106% against the previous month. As a result, import price attained the peak level of $67,728 per ton. From June 2023 to July 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($64,834 per ton), while the price for South Korea ($16,591 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Music, Printed or in Manuscript in Japan (FOB) - 2023

In July 2023, the average export price for music, printed or in manuscript, whether or not bound or illustrated amounted to $48,302 per ton, reducing by -12.7% against the previous month. In general, the export price, however, recorded moderate growth. The pace of growth appeared the most rapid in January 2023 an increase of 215% m-o-m. The export price peaked at $65,608 per ton in August 2022; however, from September 2022 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Thailand ($61,231 per ton), while the average price for exports to South Africa ($9,244 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Music, Printed or in Manuscript in Japan

Music, printed or in manuscript imports into Japan contracted to 73 tons in 2022, declining by -11.6% on 2021 figures. Over the period under review, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 41%.

In value terms, music, printed or in manuscript imports rose modestly to $2.6M in 2022. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 25%.

Top Suppliers of Music, Printed or in Manuscript to Japan in 2022:

1. Germany (31.2 tons)
2. United States (23.4 tons)
3. South Korea (6.5 tons)
4. Netherlands (3.8 tons)
5. China (2.1 tons)
6. United Kingdom (1.6 tons)
7. Italy (1.4 tons)
8. Indonesia (0.7 tons)

Exports of Music, Printed or in Manuscript in Japan

In 2022, approx. 54 tons of music, printed or in manuscript, whether or not bound or illustrated were exported from Japan; which is down by -29.7% on the year before. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 108%.

In value terms, music, printed or in manuscript exports amounted to $2.2M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Music, Printed or in Manuscript from Japan in 2022:

1. South Africa (14.1 tons)
2. Taiwan (Chinese) (6.7 tons)
3. Indonesia (5.3 tons)
4. United States (4.5 tons)
5. Germany (4.3 tons)
6. China (2.7 tons)
7. Malaysia (2.6 tons)
8. Hong Kong SAR (2.5 tons)
9. France (2.3 tons)
10. Netherlands (2.2 tons)
11. Thailand (1.6 tons)
12. Singapore (1.2 tons)
13. United Arab Emirates (1.2 tons)

Source: IndexBox Market Intelligence Platform