Japan: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Japan

The Japanese household sewing machine market shrank rapidly to $X in 2022, falling by X% against the previous year. Overall, consumption faced a drastic downturn. Household sewing machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Household Sewing Machine Production in Japan

In value terms, household sewing machine production fell modestly to $X in 2022 estimated in export price. In general, production recorded a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Household Sewing Machine Exports

Exports from Japan

In 2022, after two years of decline, there was significant growth in shipments abroad of household sewing machines, when their volume increased by X% to X units. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, household sewing machine exports dropped to $X in 2022. Overall, exports, however, continue to indicate a mild contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), Germany (X units) and the United States (X units) were the main destinations of household sewing machine exports from Japan, with a combined X% share of total exports. Myanmar, Norway, the Czech Republic, Vietnam and Afghanistan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for household sewing machine exported from Japan were the United Arab Emirates ($X), Germany ($X) and the United States ($X), together accounting for X% of total exports. Myanmar, Norway, the Czech Republic, Vietnam and Afghanistan lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of 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 household sewing machine export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price showed a pronounced slump. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then contracted remarkably in the following year.

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 Vietnam ($X per unit), while the average price for exports to Myanmar ($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 Afghanistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Household Sewing Machine Imports

Imports into Japan

In 2022, approx. X units of household sewing machines were imported into Japan; which is down by X% against 2021. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, household sewing machine imports shrank notably to $X in 2022. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Vietnam (X units) were the main suppliers of household sewing machine imports to Japan, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest household sewing machine suppliers to Japan were China ($X), Taiwan (Chinese) ($X) and Vietnam ($X), with a combined X% share of total imports.

Among the main suppliers, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price 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, household sewing machine import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for Thailand ($X per unit) and China ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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