Japan - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBicycle Price in Japan - 2023
Contents:
- Bicycle Price in Japan (CIF) - 2023
- Bicycle Price in Japan (FOB) - 2023
- Bicycle Imports in Japan
- Bicycle Exports in Japan
Bicycle Price in Japan (CIF) - 2023
In September 2023, the average bicycle import price amounted to $135 per unit, rising by 11% against the previous month. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $154 per unit in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Taiwan (Chinese) ($1,027 per unit), while the price for China amounted to $107 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.7%).
Bicycle Price in Japan (FOB) - 2023
In September 2023, the average bicycle export price amounted to $17.9 per unit, growing by 6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 8% month-to-month. Over the period under review, the average export prices reached the peak figure in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($23.3 per unit), while the average price for exports to Ghana ($13.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Imports in Japan
In 2022, approx. 5M units of bicycles and other cycles were imported into Japan; which is down by -16.7% on the previous year's figure. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 3.4%. Over the period under review, imports reached the peak figure at 6.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, bicycle imports shrank modestly to $678M in 2022. In general, imports, however, continue to indicate a slight expansion. The growth pace was the most rapid in 2021 when imports increased by 8.6%. As a result, imports attained the peak of $703M, and then contracted in the following year.
Import of Bicycle in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 571 | 577 | 640 | 586 | 0.9% |
Taiwan (Chinese) | 73.0 | 54.6 | 45.7 | 54.2 | -9.4% |
Others | 14.8 | 15.2 | 17.4 | 37.4 | 36.2% |
Total | 659 | 647 | 703 | 678 | 1.0% |
Top Suppliers of Bicycle to Japan in 2022:
- China (4.9M units)
- Taiwan (Chinese) (0.1M units)
Bicycle Exports in Japan
For the third year in a row, Japan recorded decline in overseas shipments of bicycles and other cycles, which decreased by -5% to 2.6M units in 2022. Over the period under review, exports saw a drastic downturn. The exports peaked at 3.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, bicycle exports fell to $41M in 2022. Overall, exports continue to indicate a abrupt contraction. The smallest decline of -3.1% was in 2020. The exports peaked at $49M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Bicycle in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 4.1 | 3.4 | 1.4 | 9.3 | 31.4% |
Cambodia | 8.7 | 6.5 | 7.7 | 7.1 | -6.5% |
Iraq | 3.9 | 7.5 | 2.0 | 4.1 | 1.7% |
Ghana | 10.1 | 9.0 | 10.7 | 4.0 | -26.6% |
Tanzania | 3.9 | 3.8 | 5.1 | 4.0 | 0.8% |
United Arab Emirates | 1.9 | 2.6 | 3.8 | 2.5 | 9.6% |
Afghanistan | 5.5 | 3.1 | 2.7 | 1.7 | -32.4% |
Nigeria | 3.2 | 1.5 | 1.9 | 1.5 | -22.3% |
Philippines | 2.0 | 5.1 | 3.2 | 1.5 | -9.1% |
Others | 6.1 | 5.5 | 6.5 | 5.0 | -6.4% |
Total | 49.4 | 47.9 | 45.0 | 40.6 | -6.3% |
Top Export Markets for Bicycle from Japan in 2022:
- Myanmar (700.3K units)
- Cambodia (375.5K units)
- Ghana (317.9K units)
- Tanzania (270.3K units)
- Iraq (245.9K units)
- United Arab Emirates (143.0K units)
- Afghanistan (121.4K units)
- Philippines (106.8K units)
- Nigeria (96.2K units)
This report provides an in-depth analysis of the bicycle market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
- Prodcom 30921030 -
- Prodcom 30921050 -
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the bicycle market in Japan.
This report provides an in-depth analysis of the global bicycle market.
This report provides an in-depth analysis of the bicycle market in Japan.
This report provides an in-depth analysis of the global bicycle market.
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From April 2023 to July 2023, the imports of bicycles showed a slight decrease. The total value of bicycle imports in July 2023 amounted to $35M.
Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.
In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...