Japan: Ink-Pad Market 2024

Ink-Pad Market Size in Japan

The Japanese ink-pad market declined to $X in 2022, which is down by X% against the previous year. Overall, consumption recorded a perceptible downturn. Ink-pad consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ink-Pad Production in Japan

In value terms, ink-pad production dropped to $X in 2022 estimated in export price. Overall, production recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Ink-pad production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Ink-Pad Exports

Exports from Japan

In 2022, overseas shipments of ink-pads increased by X% to X units, rising for the second consecutive year after five years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, ink-pad exports declined to $X in 2022. Overall, exports, however, showed a perceptible decrease. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for ink-pad exports from Japan, with a X% share of total exports. Moreover, ink-pad exports to China exceeded the volume sent to the second major destination, Malaysia (X units), twofold. The third position in this ranking was held by Italy (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Italy (X% per year).

In value terms, the United States ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest markets for ink-pad exported from Japan worldwide, together accounting for X% of total exports. China, Germany, Italy, South Korea, Malaysia and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average ink-pad export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Malaysia ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ink-Pad Imports

Imports into Japan

For the third year in a row, Japan recorded growth in overseas purchases of ink-pads, which increased by less than X% to X units in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, ink-pad imports shrank slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main ink-pad supplier to Japan, with a X% share of total imports. It was followed by Vietnam (X units), with a X% share of total imports. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of ink-pads to Japan, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average ink-pad import price stood at $X per unit in 2022, flattening at the previous year. Over the period under review, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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