Updated Feb 7, 2023 12:01

Common Pottery Market in Japan

Market Overview
The Japanese common pottery market totaled $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted mild growth. Common pottery consumption peaked at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.

In value terms, common pottery production reached $ in estimated in export price. Overall, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2008 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to , production remained at a lower figure.


Consumption
In , the amount of common pottery consumed in Japan totaled tons, increasing by % on the previous year's figure. In general, the total consumption indicated a slight increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against indices. Common pottery consumption peaked at tons in 2009; however, from 2010 to , consumption failed to regain momentum.

The value of the common pottery market in Japan expanded notably to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a slight increase. Over the period under review, the market attained the maximum level at $ in 2011; however, from 2012 to , consumption remained at a lower figure.


Market Forecast
The common pottery market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Japan domestic supply is expected to continue its growth.


Trade Balance
Japan remains a net importer of common pottery; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.