Rafts; Inflatable Price in Japan - 2023

Contents:

1. Rafts; Inflatable Price in Japan (CIF) - 2023
2. Rafts; Inflatable Price in Japan (FOB) - 2022
3. Rafts; Inflatable Imports in Japan
4. Rafts; Inflatable Exports in Japan

Rafts; Inflatable Price in Japan (CIF) - 2023

The average rafts; inflatable import price stood at $3,334 per unit in September 2023, with an increase of 93% against the previous month. Over the period under review, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 729% m-o-m. As a result, import price attained the peak level of $5,923 per unit; afterwards, it flattened through to 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 Vietnam ($4,840 per unit), while the price for China amounted to $861 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Rafts; Inflatable Price in Japan (FOB) - 2022

The average rafts; inflatable export price stood at $1,492 per unit in 2022, shrinking by -19.4% against the previous year. Overall, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 5.9% against the previous year. The export price peaked at $4,543 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,982 per unit), while the average price for exports to South Korea ($230 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 Singapore (+3.3%), while the prices for the other major destinations experienced a decline.

Rafts; Inflatable Imports in Japan

In 2022, overseas purchases of rafts; inflatables were finally on the rise to reach 3.6K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at 6.7K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, rafts; inflatable imports contracted modestly to $6.9M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports attained the peak of $7M, and then dropped modestly in the following year.

Top Suppliers of Rafts; Inflatable to Japan in 2022:

1. China (1485.0 units)
2. Vietnam (1458.0 units)
3. Thailand (229.0 units)
4. United Kingdom (171.0 units)
5. Mexico (103.0 units)
6. France (9.0 units)

Rafts; Inflatable Exports in Japan

After two years of decline, overseas shipments of rafts; inflatables increased by 695% to 167 units in 2022. Over the period under review, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rafts; inflatable exports surged to $249K in 2022. In general, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Rafts; Inflatable from Japan in 2022:

1. Singapore (60.0 units)
2. Greece (43.0 units)
3. Marshall Islands (20.0 units)
4. China (14.0 units)
5. Palau (11.0 units)
6. Panama (10.0 units)
7. South Korea (9.0 units)

Source: IndexBox Market Intelligence Platform