Japan: Inflatable Vessel Market 2024

Inflatable Vessel Market Size in Japan

The Japanese inflatable vessel market dropped to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption recorded a abrupt curtailment. Inflatable vessel consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Inflatable Vessel Production in Japan

In value terms, inflatable vessel production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a deep contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Inflatable vessel production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Inflatable Vessel Exports

Exports from Japan

In 2022, approx. X units of inflatable vessels for pleasure or sports were exported from Japan; remaining constant against the previous year's figure. Over the period under review, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, inflatable vessel exports contracted modestly to $X in 2022. Overall, exports saw strong growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank modestly in the following year.

Exports by Country

The United States (X units) was the main destination for inflatable vessel exports from Japan, with a X% share of total exports. Moreover, inflatable vessel exports to the United States exceeded the volume sent to the second major destination, the Philippines (X units), eightfold. Australia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Australia (X% per year).

In value terms, the United States ($X) remains the key foreign market for inflatable vessels for pleasure or sports exports from Japan, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Australia (X% per year).

Export Prices by Country

In 2022, the average inflatable vessel export price amounted to $X per unit, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Philippines ($X 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 the United States (X%), while the prices for the other major destinations experienced a decline.

Inflatable Vessel Imports

Imports into Japan

Inflatable vessel imports into Japan dropped modestly to X units in 2022, approximately equating the year before. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, inflatable vessel imports rose modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main inflatable vessel supplier to Japan, with a X% share of total imports. It was followed by the UK (X units), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of inflatable vessels for pleasure or sports to Japan, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

The average inflatable vessel import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 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 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%).

Source: IndexBox Platform

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