Japan - Hay-Making Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHay-Making Machinery Price in Japan - 2023
Contents:
- Hay-Making Machinery Price in Japan (CIF) - 2023
- Hay-Making Machinery Price in Japan (FOB) - 2022
- Hay-Making Machinery Imports in Japan
- Hay-Making Machinery Exports in Japan
Hay-Making Machinery Price in Japan (CIF) - 2023
The average hay-making machinery import price stood at $16,705 per unit in July 2023, with a decrease of -7.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in December 2022 when the average import price increased by 30% against the previous month. The import price peaked at $18,023 per unit in June 2023, and then fell in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($20,234 per unit), while the price for Hungary ($13,434 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 Slovenia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Hay-Making Machinery Price in Japan (FOB) - 2022
The average hay-making machinery export price stood at $19,680 per unit in 2022, growing by 118% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($21,345 per unit), while the average price for exports to the United States amounted to $17,318 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Hay-Making Machinery Imports in Japan
In 2022, imports of hay-making machinery into Japan fell to 722 units, waning by -9.1% on the previous year. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 48%. As a result, imports reached the peak of 794 units, and then fell in the following year.
In value terms, hay-making machinery imports fell significantly to $10M in 2022. In general, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.4% 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 +32.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, imports reached the peak of $12M, and then dropped remarkably in the following year.
| Import of Hay-Making Machinery in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.9 | 3.7 | 6.9 | 5.5 | 3.9% |
| Germany | 2.4 | 1.9 | 2.3 | 2.4 | 0.0% |
| Austria | 0.6 | 0.3 | 0.8 | 0.7 | 5.3% |
| Denmark | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| Czech Republic | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Slovenia | 0.3 | 0.5 | 0.6 | 0.4 | 10.1% |
| Others | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Total | 9.1 | 7.6 | 12.0 | 10.1 | 3.5% |
Top Suppliers of Hay-Making Machinery to Japan in 2022:
- France (392.0 units)
- Germany (169.0 units)
- Austria (52.0 units)
- Denmark (37.0 units)
- Czech Republic (31.0 units)
- Slovenia (28.0 units)
Hay-Making Machinery Exports in Japan
For the third year in a row, Japan recorded decline in overseas shipments of hay-making machinery, which decreased by -81.2% to 3 units in 2022. Over the period under review, exports recorded a significant curtailment. The smallest decline of -26.7% was in 2020. The exports peaked at 30 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, hay-making machinery exports dropped significantly to $61K in 2022. In general, exports recorded a dramatic curtailment. The smallest decline of -36.3% was in 2021. The exports peaked at $448K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Hay-Making Machinery in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1.4 | 3.5 | 0.2 | 38.8 | 202.6% |
| United States | 42.5 | N/A | 26.0 | 22.2 | -19.5% |
| New Zealand | 13.7 | N/A | 27.8 | N/A | 42.4% |
| Hungary | N/A | N/A | 1.6 | N/A | 0% |
| Bosnia and Herzegovina | N/A | 16.2 | N/A | N/A | 0% |
| Vietnam | 42.9 | 88.2 | N/A | N/A | 105.6% |
| Austria | 275 | N/A | N/A | N/A | 0% |
| Russia | 8.6 | 14.2 | 15.1 | N/A | 32.5% |
| India | N/A | N/A | 20.6 | N/A | 0% |
| Philippines | 9.6 | 19.3 | N/A | N/A | 101.0% |
| Lithuania | 17.1 | 8.6 | N/A | N/A | -49.7% |
| Kyrgyzstan | 0.1 | 0.3 | N/A | N/A | 200.0% |
| Canada | 11.9 | 0.3 | 0.1 | N/A | -90.8% |
| Others | 25.0 | 72.0 | 50.3 | N/A | 41.8% |
| Total | 448 | 223 | 142 | 60.9 | -48.6% |
Top Export Markets for Hay-Making Machinery from Japan in 2022:
- South Korea (2.0 units)
- United States (1.0 units)
This report provides an in-depth analysis of the hay-making machinery 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 28305200 - Hay-making machinery
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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