Japan: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Japan

The Japanese household sewing machine market contracted to $X in 2023, falling by X% against the previous year. In general, consumption recorded a abrupt setback. Household sewing machine consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Household Sewing Machine Production in Japan

In value terms, household sewing machine production contracted modestly to $X in 2023 estimated in export price. Overall, production saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Household sewing machine production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Household Sewing Machine Exports

Exports from Japan

In 2023, household sewing machine exports from Japan reduced notably to X units, declining by X% against the year before. Over the period under review, exports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, household sewing machine exports fell markedly to $X in 2023. In general, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat 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, Australia and Vietnam lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for 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, Australia, the Czech Republic and Vietnam lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 2023, the average household sewing machine export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Australia ($X per unit) and the United States ($X per unit), while the average price for exports to Myanmar ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Household Sewing Machine Imports

Imports into Japan

In 2023, household sewing machine imports into Japan fell dramatically to X units, waning by X% on 2022 figures. Overall, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, household sewing machine imports declined sharply to $X in 2023. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

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

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest household sewing machine suppliers to Japan were Vietnam ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 2023, picking up by X% against the previous year. In general, import price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, household sewing machine import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked in 2023 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from China ($X per unit) and Thailand ($X per unit), while the price for Vietnam ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform