Japan: Hat And Headgear Market Overview 2021

Hat And Headgear Market Size in Japan

In 2019, the Japanese hat and headgear market increased by X% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2013 to 2019, the growth of the market remained at a somewhat lower figure.

Hat And Headgear Production in Japan

In value terms, hat and headgear production reached $X in 2019 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2018 to 2019, production growth remained at a somewhat lower figure.

Hat And Headgear Exports

Exports from Japan

In 2019, approx. X units of hats and other headgear were exported from Japan; with an increase of X% compared with the previous year's figure. Over the period under review, exports recorded a notable increase. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. As a result, exports attained the peak of X units. From 2011 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, hat and headgear exports rose rapidly to $X in 2019. In general, total exports indicated a pronounced expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. As a result, exports reached the peak of $X; afterwards, it flattened through to 2019.

Exports by Country

China (X units), the Philippines (X units) and Thailand (X units) were the main destinations of hat and headgear exports from Japan, together accounting for X% of total exports. These countries were followed by the Netherlands, Indonesia, South Korea, Hong Kong SAR, the U.S., Viet Nam, Australia, France, Taiwan (Chinese) and Malaysia, which together accounted for a further X 2007 to 2019, the biggest increases were in the Netherlands, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hat and headgear exported from Japan were South Korea ($X), China ($X) and Hong Kong SAR ($X), together comprising X% of total exports. The U.S., the Philippines, Taiwan (Chinese), the Netherlands, Thailand, France, Viet Nam, Australia, Indonesia and Malaysia lagged somewhat behind, together accounting for a further X terms of the main countries of destination, the Philippines saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hat and headgear export price stood at $X per unit in 2019, surging by X% against the previous year. In general, export price indicated mild growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, hat and headgear export price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, export price reached the peak level of $X per unit. From 2018 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Hat And Headgear Imports

Imports into Japan

In 2019, the amount of hats and other headgear imported into Japan shrank to X units, waning by -X% on 2018. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, hat and headgear imports dropped modestly to $X in 2019. In general, total imports indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, China (X units) constituted the largest supplier of hat and headgear to Japan, with a X% share of total imports. Moreover, hat and headgear imports from China exceeded the figures recorded by the second-largest supplier, Viet Nam (X units), more than tenfold. The third position in this ranking was occupied by Thailand (X units), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Thailand (+X% per year).

In value terms, China ($X) constituted the largest supplier of hat and headgear to Japan, comprising X% of total imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2007 to 2019, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Thailand (+X% per year).

Import Prices by Country

In 2019, the average hat and headgear import price amounted to $X per unit, surging by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Viet Nam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hats and other headgear in the world?

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The countries with the highest volumes of hat and headgear consumption in 2019 were China (621M units), the U.S. (411M units) and India (252M units), together comprising 33% of global consumption. Japan, Indonesia, Pakistan, Brazil, Nigeria, Mexico, Bangladesh, the UK and Germany lagged somewhat behind, together comprising a further 21%.

What are the largest producers of hats and other headgear in the world?

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China (2B units) remains the largest hat and headgear producing country worldwide, comprising approx. 51% of total volume. Moreover, hat and headgear production in China exceeded the figures recorded by the second-largest producer, India (236M units), ninefold. Bangladesh (113M units) ranked third in terms of total production with a 2.8% share.

What are the leading suppliers of hats and other headgear to Japan?

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In value terms, China ($324M) constituted the largest supplier of hat and headgear to Japan, comprising 68% of total imports. The second position in the ranking was occupied by Viet Nam ($47M), with a 9.8% share of total imports. It was followed by Thailand, with a 3.5% share.

What are the leading importers of hats and other headgear from Japan?

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In value terms, South Korea ($3.5M), China ($2.6M) and Hong Kong SAR ($1.3M) appeared to be the largest markets for hat and headgear exported from Japan worldwide, with a combined 48% share of total exports. The U.S., the Philippines, Taiwan (Chinese), the Netherlands, Thailand, France, Viet Nam, Australia, Indonesia and Malaysia lagged somewhat behind, together comprising a further 32%.

What is the average export price for hats and other headgear in Japan?

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In 2019, the average hat and headgear export price amounted to $4.3 per unit, rising by 2.7% against the previous year.

What is the average import price for hats and other headgear in Japan?

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In 2019, the average hat and headgear import price amounted to $6 per unit, picking up by 3.5% against the previous year.