Cranes; Tower Cranes Price in Japan - 2023

Contents:

  1. Cranes; Tower Cranes Price in Japan (FOB) - 2022
  2. Cranes; Tower Cranes Price in Japan (CIF) - 2022
  3. Cranes; Tower Cranes Exports in Japan
  4. Cranes; Tower Cranes Imports in Japan

Cranes; Tower Cranes Price in Japan (FOB) - 2022

The average cranes; tower cranes export price stood at $56,034 per unit in 2022, waning by -23.4% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices hit record highs at $128,264 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($242,177 per unit), while the average price for exports to South Korea ($1,734 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 Pakistan (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.

Cranes; Tower Cranes Price in Japan (CIF) - 2022

The average cranes; tower cranes import price stood at $51,887 per unit in 2022, waning by -4.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 94%. The import price peaked at $123,004 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($72,793 per unit), while the price for the United Arab Emirates ($7,074 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+172.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranes; Tower Cranes Exports in Japan

Cranes; tower cranes exports from Japan fell significantly to 193 units in 2022, reducing by -25.2% on 2021 figures. Over the period under review, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 449% against the previous year. The exports peaked at 475 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cranes; tower cranes exports contracted significantly to $11M in 2022. In general, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 602% against the previous year. The exports peaked at $29M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Cranes; Tower Cranes in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines11,3541,3715,3015,620-20.9%
United Arab Emirates1,613197943838-19.6%
Taiwan (Chinese)2,925276778770-35.9%
Kuwait4,08728.7730649-45.8%
Pakistan854110575510-15.8%
United States1,047114396377-28.9%
Egypt27.718.6413367136.6%
France1,380126366292-40.4%
Canada92790.5283242-36.1%
Thailand13715.354.353.0-27.1%
South Korea82.77.622.217.9-40.0%
Vietnam98.85.29.417.2-44.2%
Oman86.77.420.014.9-44.4%
Others4,3923258,9951,020-38.5%
Total29,0122,69218,88710,789-28.1%

Top Export Markets for Cranes; Tower Cranes from Japan in 2022:

  1. Philippines (49.0 units)
  2. Egypt (39.0 units)
  3. United Arab Emirates (36.0 units)
  4. South Korea (10.0 units)
  5. Taiwan (Chinese) (9.0 units)
  6. United States (9.0 units)
  7. Oman (7.0 units)
  8. Thailand (6.0 units)
  9. Canada (5.0 units)
  10. Pakistan (4.0 units)
  11. France (3.0 units)
  12. Vietnam (3.0 units)
  13. Kuwait (3.0 units)

Cranes; Tower Cranes Imports in Japan

In 2022, imports of cranes; tower craneses into Japan soared to 24 units, jumping by 26% compared with 2021 figures. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, cranes; tower cranes imports surged to $1.3M in 2022. Over the period under review, imports, however, saw a deep reduction. Imports peaked at $1.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Cranes; Tower Cranes in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3434833454086.0%
China18335023536225.5%
France10621326427136.7%
Italy35.210312112552.6%
United Arab Emirates7.334.719.026.052.7%
Belgium5.912.214.915.939.2%
United States1.43.13.94.446.5%
Denmark751N/AN/AN/A0%
Others71.025945.442.8-15.5%
Total1,5041,4581,0491,254-5.9%

Top Suppliers of Cranes; Tower Cranes to Japan in 2022:

  1. Germany (6.0 units)
  2. France (5.0 units)
  3. China (5.0 units)
  4. United Arab Emirates (4.0 units)
  5. Italy (2.0 units)
  6. United States (1.0 units)
  7. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform

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