Japan: Wheelchair Market 2024

Wheelchair Market Size in Japan

The Japanese wheelchair market dropped to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption showed a slight descent. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Wheelchair Production in Japan

In value terms, wheelchair production stood at $X in 2022 estimated in export price. Over the period under review, production saw a slight contraction. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Wheelchair Exports

Exports from Japan

In 2022, overseas shipments of wheelchairs were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, wheelchair exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Korea (X units) was the main destination for wheelchair exports from Japan, accounting for a X% share of total exports. Moreover, wheelchair exports to South Korea exceeded the volume sent to the second major destination, the United States (X units), twofold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the largest markets for wheelchair exported from Japan were the United States ($X), Canada ($X) and South Korea ($X), with a combined X% share of total exports. Taiwan (Chinese), Hong Kong SAR, China, Germany, Thailand, Greece, Malaysia and Nigeria lagged somewhat behind, together accounting for a further X%.

Hong Kong SAR, with a CAGR of X%, saw 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

The average wheelchair export price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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

Wheelchair Imports

Imports into Japan

In 2022, approx. X units of wheelchairs were imported into Japan; with a decrease of X% against 2021. In general, imports saw a slight reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, wheelchair imports fell to $X in 2022. Over the period under review, imports, however, continue to indicate a mild expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X units) constituted the largest wheelchair supplier to Japan, accounting for a X% share of total imports. Moreover, wheelchair imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold.

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

In value terms, China ($X) constituted the largest supplier of wheelchairs to Japan, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average wheelchair import price amounted to $X per unit, remaining relatively unchanged 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 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit, and then contracted in the following year.

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 Taiwan (Chinese) ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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