Price for Textile Machinery; Spinning Machines in Japan - 2023

Contents:

  1. Price for Textile Machinery; Spinning Machines in Japan (FOB) - 2022
  2. Price for Textile Machinery; Spinning Machines in Japan (CIF) - 2022
  3. Exports of Textile Machinery; Spinning Machines in Japan
  4. Imports of Textile Machinery; Spinning Machines in Japan

Price for Textile Machinery; Spinning Machines in Japan (FOB) - 2022

In 2022, the average textile machinery; spinning machines export price amounted to $6,386 per unit, shrinking by -6.7% against the previous year. In general, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices reached the maximum at $9,309 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($11,065 per unit), while the average price for exports to Mexico ($252 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 Singapore (+210.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Textile Machinery; Spinning Machines in Japan (CIF) - 2022

The average textile machinery; spinning machines import price stood at $11,333 per unit in 2022, picking up by 147% against the previous year. Overall, the import price enjoyed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($18,411 per unit), while the price for New Zealand ($9,306 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+34.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Textile Machinery; Spinning Machines in Japan

In 2022, the amount of textile machinery; spinning machineses exported from Japan surged to 71K units, growing by 60% compared with 2021. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 85% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, textile machinery; spinning machines exports skyrocketed to $456M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 85%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Textile Machinery; Spinning Machines in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China92.895.313226341.5%
Pakistan6.610.239.266.3115.8%
India13.213.648.350.456.3%
Turkey8.710.418.040.867.4%
Mexico0.30.30.20.838.7%
Singapore2.1N/AN/AN/A0%
Others30.435.467.134.94.7%
Total15416530545643.6%

Top Export Markets for Textile Machinery; Spinning Machines from Japan in 2022:

  1. Singapore (undefinedK units)
  2. China (41.5K units)
  3. Pakistan (8.8K units)
  4. Turkey (8.3K units)
  5. India (6.1K units)
  6. Mexico (3.1K units)

Imports of Textile Machinery; Spinning Machines in Japan

In 2022, the amount of textile machinery; spinning machineses imported into Japan surged to 24 units, growing by 60% on the previous year's figure. In general, imports, however, showed a precipitous curtailment. Over the period under review, imports hit record highs at 142 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, textile machinery; spinning machines imports surged to $272K in 2022. Over the period under review, imports, however, showed a dramatic downturn. Imports peaked at $1.1M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Textile Machinery; Spinning Machines in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India65.476040.519644.2%
United States15.316.91.130.025.2%
New Zealand15.08.72.027.923.0%
Spain26.531.21.318.4-11.4%
Germany14622217.6N/A-65.3%
United Kingdom0.9N/AN/AN/A0%
Italy54.748.02.2N/A-79.9%
Netherlands7.17.40.4N/A-76.3%
Others25022.23.7N/A-87.8%
Total5811,11668.8272-22.4%

Top Suppliers of Textile Machinery; Spinning Machines to Japan in 2022:

  1. India (15.0 units)
  2. New Zealand (3.0 units)
  3. United States (2.0 units)
  4. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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