Japan: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in Japan

For the fourth consecutive year, the Japanese metal advertising sign market recorded decline in sales value, which decreased by X% to $X in 2020. Over the period under review, consumption continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Production in Japan

In value terms, metal advertising sign production declined modestly to $X in 2020 estimated in export price. Over the period under review, production saw a deep slump. The pace of growth was the most pronounced in 2016 with an increase of X%. Metal advertising sign production peaked at $X in 2012; however, from 2013 to 2020, production failed to regain momentum.

Metal Advertising Sign Exports

Exports from Japan

In 2020, metal advertising sign exports from Japan fell markedly to X tons, waning by X% on 2019. Overall, exports showed a deep contraction. The smallest decline of X% was in 2014. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

In value terms, metal advertising sign exports declined significantly to $X in 2020. Over the period under review, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for metal advertising sign exports from Japan, with a X% share of total exports. Moreover, metal advertising sign exports to the United States exceeded the volume sent to the second major destination, China (X tons), twofold. Hong Kong SAR (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Hong Kong SAR (X% per year).

In value terms, the largest markets for metal advertising sign exported from Japan were the United States ($X), Mexico ($X) and China ($X), together accounting for X% of total exports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price showed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Japan

In 2020, overseas purchases of metal advertising signs decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2020, the growth of imports remained at a lower figure.

In value terms, metal advertising sign imports declined remarkably to $X in 2020. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of metal advertising sign to Japan, accounting for a X% share of total imports. Moreover, metal advertising sign imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fivefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of metal advertising signs to Japan, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2020, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and the United States (X% per year).

Import Prices by Country

The average metal advertising sign import price stood at $X per ton in 2020, rising by X% against the previous year. Over the last eight-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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