Japan: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in Japan

The Japanese balloon and dirigible market surged to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, recorded a perceptible reduction. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Balloon And Dirigible Production in Japan

In value terms, balloon and dirigible production reduced to $X in 2023 estimated in export price. Overall, production continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a lower figure.

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Balloon And Dirigible Exports

Exports from Japan

In 2023, overseas shipments of balloons, dirigibles and other non-powered aircraft increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, balloon and dirigible exports fell modestly to $X in 2023. In general, exports, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Argentina (X units), Brunei Darussalam (X units) and Australia (X units) were the main destinations of balloon and dirigible exports from Japan, together accounting for X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Argentina (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for balloons, dirigibles and other non-powered aircraft exports from Japan, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2023, the average balloon and dirigible export price amounted to $X per unit, which is down by X% against the previous year. Overall, the export price recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Bermuda ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Balloon And Dirigible Imports

Imports into Japan

In 2023, approx. X units of balloons, dirigibles and other non-powered aircraft were imported into Japan; picking up by X% on 2022. In general, imports recorded a notable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, balloon and dirigible imports soared to $X in 2023. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, the UK (X units) constituted the largest supplier of balloon and dirigible to Japan, with a X% share of total imports. Moreover, balloon and dirigible imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by Italy (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

In value terms, the largest balloon and dirigible suppliers to Japan were the UK ($X), Singapore ($X) and Germany ($X), together accounting for X% of total imports. The United States, Australia, Slovenia, Canada, Brazil, Italy, Spain, Russia, Thailand and Israel lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Brazil, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average balloon and dirigible import price stood at $X per unit in 2023, dropping by X% against the previous year. Overall, the import price saw a pronounced setback. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2023, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform