Japan - Gear Boxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGear Box Price in Japan - 2023
Contents:
- Gear Box Price in Japan (FOB) - 2023
- Gear Box Price in Japan (CIF) - 2023
- Gear Box Exports in Japan
- Gear Box Imports in Japan
Gear Box Price in Japan (FOB) - 2023
In July 2023, the average gear box export price amounted to $9.4 per unit, growing by 2% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 8.1% against the previous month. As a result, the export price reached the peak level of $10.5 per unit. From September 2022 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Belgium ($11.0 per unit), while the average price for exports to Germany ($5.0 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Gear Box Price in Japan (CIF) - 2023
In July 2023, the average gear box import price amounted to $11.0 per unit, which is down by -2.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 8% against the previous month. The import price peaked at $11.3 per unit in June 2023, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($18.0 per unit), while the price for Thailand ($6.0 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Gear Box Exports in Japan
In 2022, approx. 533M units of gear boxes were exported from Japan; with a decrease of -9.1% against the year before. In general, exports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 19%. The exports peaked at 595M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, gear box exports shrank to $14.7B in 2022. Overall, exports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $17.1B, and then contracted in the following year.
Export of Gear Box in Japan (Billion USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.3 | 4.3 | 4.5 | 3.3 | -8.4% |
United States | 3.1 | 2.5 | 3.1 | 3.2 | 1.1% |
Belgium | 1.6 | 1.5 | 1.7 | 1.2 | -9.1% |
Thailand | 1.2 | 1.0 | 1.2 | 1.2 | 0.0% |
Indonesia | 0.8 | 0.3 | 0.7 | 0.9 | 4.0% |
Brazil | 0.6 | 0.5 | 0.7 | 0.7 | 5.3% |
Mexico | 0.9 | 0.7 | 0.8 | 0.6 | -12.6% |
Canada | 0.5 | 0.4 | 0.4 | 0.4 | -7.2% |
Netherlands | 1.0 | 0.7 | 0.7 | 0.4 | -26.3% |
India | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
Argentina | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
Sweden | N/A | N/A | N/A | 0.2 | 0% |
South Korea | 0.5 | 0.3 | 0.2 | 0.2 | -26.3% |
Others | 2.1 | 1.7 | 2.2 | 1.8 | -5.0% |
Total | 17.0 | 14.3 | 17.1 | 14.7 | -4.7% |
Top Export Markets for Gear Box from Japan in 2022:
- China (122.2M units)
- United States (96.4M units)
- Belgium (43.5M units)
- Thailand (41.8M units)
- Mexico (29.3M units)
- Indonesia (29.2M units)
- Brazil (27.3M units)
- India (16.9M units)
- Netherlands (15.1M units)
- Argentina (11.5M units)
- Canada (10.4M units)
- South Korea (10.0M units)
- Sweden (9.8M units)
Gear Box Imports in Japan
In 2022, gear box imports into Japan fell dramatically to 26M units, shrinking by -15.4% compared with 2021 figures. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Imports peaked at 36M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, gear box imports shrank rapidly to $786M in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. Imports peaked at $1B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Gear Box in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 190 | 155 | 188 | 138 | -10.1% |
China | 70.1 | 62.2 | 99.4 | 95.9 | 11.0% |
United States | 67.9 | 53.1 | 93.9 | 94.4 | 11.6% |
Vietnam | 160 | 115 | 143 | 86.3 | -18.6% |
India | 20.6 | 14.5 | 23.2 | 74.4 | 53.4% |
Mexico | 164 | 134 | 152 | 65.8 | -26.2% |
Thailand | 88.3 | 51.4 | 57.2 | 53.5 | -15.4% |
Spain | 47.9 | 20.2 | 46.4 | 32.9 | -11.8% |
South Korea | 43.9 | 26.6 | 36.7 | 32.3 | -9.7% |
Sweden | 36.5 | 36.6 | 38.3 | 30.1 | -6.2% |
Indonesia | 15.7 | 11.1 | 17.6 | 16.7 | 2.1% |
Australia | 24.0 | 11.4 | 13.0 | 7.8 | -31.2% |
Others | 116 | 72.0 | 84.7 | 58.1 | -20.6% |
Total | 1,044 | 763 | 994 | 786 | -9.0% |
Top Suppliers of Gear Box to Japan in 2022:
- Germany (3.9M units)
- Thailand (3.5M units)
- China (3.3M units)
- India (2.6M units)
- South Korea (2.2M units)
- Mexico (2.1M units)
- Vietnam (1.7M units)
- United States (1.6M units)
- Sweden (1.4M units)
- Spain (1.3M units)
- Indonesia (0.7M units)
- Australia (0.4M units)
This report provides an in-depth analysis of the gear box 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 29323033 - Gear boxes and their parts
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
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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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From October 2023 to November 2023, the growth of the Gear Box exports remained at a lower figure. In value terms, Gear Box exports dropped to $1.1B in November 2023.
The price of the Gear Box stood at $26.5 per unit in April 2023, remaining relatively stable compared to the previous month (FOB, Japan).
Bumper exports surged to $27 million in value in July 2023.
The most notable growth rate was in September 2023 with a 22% month-on-month increase in imports. In terms of value, Road Wheel imports decreased to $144M in November 2023.
In March 2023, the rate of growth for Road Wheel reached its peak at a significant increase of 21% in comparison to the previous month. The value of road wheel imports in July 2023 was recorded at $115M.
Imports of Safety Seat Belt reached their peak in November 2023, with the import value soaring to $25M during that month.
During the period of July 2023 to September 2023, the import growth of Safety Seat Belts failed to increase its momentum. The value of Safety Seat Belt imports in September 2023 amounted to $20M.
In October 2023, the exports of Steering Wheels And Columns reached a record high. However, there was a slight decline in the value of exports, which amounted to $76M.
Discover the top import markets for gear boxes around the world, including the United States, China, Germany, and more. Explore key statistics and import values for these countries. Find out how the IndexBox market intelligence platform can provide comprehensive insights for global trade.
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