Description
Japan's New Shipbuilding Orders (Cumulative Value) is published by the Japan Ship Exporters' Association (JSEA). This indicator measures the total value of new ship orders received by Japanese shipyards. It is commonly used to assess the demand and health of the shipbuilding industry, which is a significant component of Japan's manufacturing sector. Higher volumes of new shipbuilding orders typically reflect strong demand for new vessels and industry prosperity, while lower order volumes may indicate an industry downturn.
The new shipbuilding orders volume is calculated by accumulating the total value of new shipbuilding contracts signed by Japanese shipyards within a specific period. The statistical scope includes orders for tankers, bulk carriers, container ships, and other specialized vessels.
This data is updated monthly, providing the cumulative value up to the reporting month.