Japan: Radio Receiver Market 2024

Radio Receiver Market Size in Japan

The Japanese radio receiver market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption recorded a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Radio Receiver Production in Japan

In value terms, radio receiver production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt slump. The growth pace was the most rapid in 2016 when the production volume increased by X%. Radio receiver production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Radio Receiver Exports

Exports from Japan

Radio receiver exports from Japan fell notably to X units in 2022, which is down by X% against 2021 figures. Over the period under review, exports faced a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, radio receiver exports stood at $X in 2022. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X units), the United States (X units) and Cambodia (X units) were the main destinations of radio receiver exports from Japan, with a combined X% share of total exports. Nigeria, Belgium, Vietnam, Australia, China, South Africa, Indonesia, Taiwan (Chinese) and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for radio receivers exports from Japan, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

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

Export Prices by Country

The average radio receiver export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, showed a deep slump. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Nigeria ($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 Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radio Receiver Imports

Imports into Japan

For the fourth consecutive year, Japan recorded decline in supplies from abroad of radio receivers, which decreased by X% to X units in 2022. Overall, imports faced a deep contraction. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, radio receiver imports expanded slightly to $X in 2022. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest radio receiver supplier to Japan, with a X% share of total imports. Moreover, radio receiver imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold. Mexico (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Mexico (X% per year).

In value terms, China ($X), Mexico ($X) and Malaysia ($X) constituted the largest radio receiver suppliers to Japan, with a combined X% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average radio receiver import price amounted to $X per unit, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform

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