Price for Sailboards for Water Sport in Japan - 2023

Contents:

1. Price for Sailboards for Water Sport in Japan (CIF) - 2023
2. Price for Sailboards for Water Sport in Japan (FOB) - 2022
3. Imports of Sailboards for Water Sport in Japan
4. Exports of Sailboards for Water Sport in Japan

Price for Sailboards for Water Sport in Japan (CIF) - 2023

In July 2023, the average sailboards for water sport import price amounted to $1,121 per unit, growing by 66% against the previous month. Over the period under review, the import price saw a notable increase. The pace of growth appeared the most rapid in April 2023 an increase of 130% m-o-m. The import price peaked in July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1,285 per unit), while the price for China ($783 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sailboards for Water Sport in Japan (FOB) - 2022

In 2022, the average sailboards for water sport export price amounted to $747 per unit, remaining constant against the previous year. In general, the export price recorded a mild shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 17%. Over the period under review, the average export prices reached the maximum at $1,548 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($755 per unit), while the average price for exports to Taiwan (Chinese) stood at $711 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palau (+2.4%), while the prices for the other major destinations experienced a decline.

Imports of Sailboards for Water Sport in Japan

In 2022, sailboards for water sport imports into Japan skyrocketed to 16K units, jumping by 31% compared with 2021 figures. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 53%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, sailboards for water sport imports expanded significantly to $4.7M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Sailboards for Water Sport to Japan in 2022:

1. Thailand (6.4K units)
2. China (6.3K units)
3. Sri Lanka (1.6K units)
4. France (0.9K units)
5. United States (0.2K units)

Exports of Sailboards for Water Sport in Japan

For the third consecutive year, Japan recorded decline in overseas shipments of sailboards for water sport, which decreased by 0% to 62 units in 2022. In general, exports continue to indicate significant growth. The smallest decline of -63.2% was in 2020. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, sailboards for water sport exports totaled $46K in 2022. Over the period under review, exports recorded a significant increase. The smallest decline of -57.1% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Sailboards for Water Sport from Japan in 2022:

1. Singapore (50.0 units)
2. Taiwan (Chinese) (12.0 units)

Source: IndexBox Market Intelligence Platform