Japan - Electric Soldering Irons And Guns - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Soldering Iron Price in Japan - 2023
Contents:
- Electric Soldering Iron Price in Japan (FOB) - 2023
- Electric Soldering Iron Price in Japan (CIF) - 2023
- Electric Soldering Iron Exports in Japan
- Electric Soldering Iron Imports in Japan
Electric Soldering Iron Price in Japan (FOB) - 2023
In April 2023, the average electric soldering iron export price amounted to $10.8 per unit, rising by 14% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in February 2023 an increase of 16% against the previous month. Over the period under review, the average export prices reached the maximum in April 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($13.6 per unit), while the average price for exports to Brazil ($6.4 per unit) was amongst the lowest.
From July 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Soldering Iron Price in Japan (CIF) - 2023
The average electric soldering iron import price stood at $4.9 per unit in April 2023, which is down by -15.8% against the previous month. Over the period under review, the import price, however, saw a modest expansion. The growth pace was the most rapid in January 2023 an increase of 110% m-o-m. Over the period under review, average import prices attained the maximum at $10.1 per unit in February 2023; however, from March 2023 to April 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($7.8 per unit), while the price for China ($2.9 per unit) was amongst the lowest.
From July 2022 to April 2023, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced a decline.
Electric Soldering Iron Exports in Japan
In 2022, after three years of growth, there was significant decline in shipments abroad of electric soldering irons and guns, when their volume decreased by -20.9% to 302K units. Over the period under review, exports recorded a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 9.7%. As a result, the exports attained the peak of 382K units, and then dropped remarkably in the following year.
In value terms, electric soldering iron exports declined remarkably to $4.9M in 2022. Overall, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 7.1%. As a result, the exports reached the peak of $6.4M, and then shrank remarkably in the following year.
| Export of Electric Soldering Iron in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,508 | 1,675 | 1,765 | 1,484 | -0.5% |
| South Korea | 581 | 607 | 794 | 555 | -1.5% |
| Thailand | 661 | 451 | 592 | 511 | -8.2% |
| Hong Kong SAR | 380 | 382 | 663 | 415 | 3.0% |
| Singapore | 316 | 260 | 400 | 348 | 3.3% |
| Malaysia | 222 | 155 | 136 | 208 | -2.1% |
| India | 133 | 153 | 273 | 163 | 7.0% |
| Saudi Arabia | 133 | 105 | 135 | 142 | 2.2% |
| Vietnam | 200 | 152 | 193 | 104 | -19.6% |
| Taiwan (Chinese) | 81.6 | 118 | 130 | 98.3 | 6.4% |
| China | 175 | 1,197 | 365 | 72.8 | -25.3% |
| Germany | 30.0 | 16.7 | 29.9 | 32.7 | 2.9% |
| Others | 1,180 | 666 | 880 | 748 | -14.1% |
| Total | 5,600 | 5,937 | 6,356 | 4,882 | -4.5% |
Top Export Markets for Electric Soldering Iron from Japan in 2022:
- United States (84.1K units)
- India (32.9K units)
- South Korea (31.4K units)
- Thailand (28.9K units)
- Hong Kong SAR (23.5K units)
- Singapore (19.7K units)
- Malaysia (11.8K units)
- Saudi Arabia (8.0K units)
- Germany (6.4K units)
- Vietnam (5.9K units)
- Taiwan (Chinese) (5.6K units)
- China (4.1K units)
Electric Soldering Iron Imports in Japan
In 2022, imports of electric soldering irons and guns into Japan rose notably to 491K units, picking up by 13% compared with the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, electric soldering iron imports expanded remarkably to $3.1M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 42%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Electric Soldering Iron in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 946 | 974 | 1,453 | 1,555 | 18.0% |
| Malaysia | 747 | 493 | 862 | 1,173 | 16.2% |
| Taiwan (Chinese) | 55.4 | 80.5 | 163 | 163 | 43.3% |
| Spain | 153 | 126 | 62.0 | 122 | -7.3% |
| Mexico | 86.7 | 152 | 120 | 74.2 | -5.1% |
| Others | 20.0 | 82.8 | 55.0 | 5.7 | -34.2% |
| Total | 2,008 | 1,909 | 2,714 | 3,093 | 15.5% |
Top Suppliers of Electric Soldering Iron to Japan in 2022:
- China (247.1K units)
- Malaysia (186.4K units)
- Taiwan (Chinese) (25.9K units)
- Spain (19.4K units)
- Mexico (11.8K units)
This report provides an in-depth analysis of the electric soldering iron market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27903109 - Electric soldering irons and guns
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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