Price for Vehicles; Mobile Drilling Derricks in Japan - 2023

Contents:

  1. Price for Vehicles; Mobile Drilling Derricks in Japan (FOB) - 2022
  2. Exports of Vehicles; Mobile Drilling Derricks in Japan

Price for Vehicles; Mobile Drilling Derricks in Japan (FOB) - 2022

The average vehicles; mobile drilling derricks export price stood at $124,771 per unit in 2022, with an increase of 22% against the previous year. In general, the export price saw a resilient expansion. The growth pace was the most rapid in 2019 an increase of 69%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($176,723 per unit), while the average price for exports to the United Arab Emirates ($22,373 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 Nigeria (+55.2%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Vehicles; Mobile Drilling Derricks in Japan

In 2022, vehicles; mobile drilling derricks exports from Japan reduced markedly to 7 units, waning by -75% compared with 2021 figures. Over the period under review, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, the exports attained the peak of 28 units, and then shrank significantly in the following year.

In value terms, vehicles; mobile drilling derricks exports reduced markedly to $873K in 2022. Overall, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports attained the peak of $2.9M, and then fell remarkably in the following year.

Export of Vehicles; Mobile Drilling Derricks in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,3597481,041707-19.6%
Philippines3028.451.9116-27.3%
ArmeniaN/AN/AN/A28.10%
United Arab Emirates2624689.522.4-55.9%
Fiji477N/AN/AN/A0%
HaitiN/A606N/AN/A0%
HondurasN/AN/A1,765N/A0%
Others12421.54.2N/A-81.6%
Total2,5241,8512,872873-29.8%

Top Export Markets for Vehicles; Mobile Drilling Derricks from Japan in 2022:

  1. Russia (4.0 units)
  2. United Arab Emirates (1.0 units)
  3. Philippines (1.0 units)
  4. Armenia (1.0 units)

Source: IndexBox Market Intelligence Platform

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