Japan - Hammers And Sledge Hammers With Working Part Of Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Hammer Price in Japan - 2023
Contents:
- Metal Hammer Price in Japan (CIF) - 2023
- Metal Hammer Price in Japan (FOB) - 2023
- Metal Hammer Imports in Japan
- Metal Hammer Exports in Japan
Metal Hammer Price in Japan (CIF) - 2023
In July 2023, the average metal hammer import price amounted to $5,341 per ton, falling by -6.1% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 18% month-to-month. As a result, import price reached the peak level of $6,309 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($11,179 per ton), while the price for China totaled $4,507 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-0.3%).
Metal Hammer Price in Japan (FOB) - 2023
The average metal hammer export price stood at $10,305 per ton in July 2023, reducing by -19.6% against the previous month. In general, the export price showed a pronounced setback. The pace of growth was the most pronounced in February 2023 an increase of 81% against the previous month. As a result, the export price attained the peak level of $19,822 per ton. From March 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($16,190 per ton), while the average price for exports to South Korea totaled $9,803 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Hammer Imports in Japan
In 2022, after three years of growth, there was significant decline in supplies from abroad of hammers and sledge hammers with working part of metal, when their volume decreased by -5.2% to 1.5K tons. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year.
In value terms, metal hammer imports amounted to $8.6M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Metal Hammer in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 5.8 | 6.7 | 6.6 | 11.2% |
| Taiwan (Chinese) | 1.2 | 0.9 | 0.9 | 1.4 | 5.3% |
| Others | 0.5 | 0.5 | 0.7 | 0.6 | 6.3% |
| Total | 6.6 | 7.2 | 8.3 | 8.6 | 9.2% |
Top Suppliers of Metal Hammer to Japan in 2022:
- China (1340.9 tons)
- Taiwan (Chinese) (88.9 tons)
Metal Hammer Exports in Japan
In 2022, the amount of hammers and sledge hammers with working part of metal exported from Japan skyrocketed to 279 tons, increasing by 31% against 2021. In general, total exports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, metal hammer exports soared to $3.5M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Metal Hammer in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,586 | 713 | 1,069 | 1,428 | -3.4% |
| Saudi Arabia | 392 | 430 | 345 | 668 | 19.4% |
| Taiwan (Chinese) | 501 | 351 | 497 | 422 | -5.6% |
| Singapore | 284 | 298 | 287 | 259 | -3.0% |
| United Arab Emirates | 37.3 | 160 | 164 | 177 | 68.0% |
| Malaysia | 23.3 | 102 | 29.0 | 128 | 76.4% |
| China | 111 | 103 | 177 | 93.2 | -5.7% |
| Vietnam | 23.0 | 14.1 | 16.8 | 32.3 | 12.0% |
| Others | 396 | 226 | 302 | 302 | -8.6% |
| Total | 3,353 | 2,398 | 2,886 | 3,510 | 1.5% |
Top Export Markets for Metal Hammer from Japan in 2022:
- South Korea (135.9 tons)
- Saudi Arabia (51.0 tons)
- Taiwan (Chinese) (28.5 tons)
- Singapore (18.0 tons)
- United Arab Emirates (16.7 tons)
- Malaysia (9.4 tons)
- Vietnam (5.0 tons)
- China (3.3 tons)
This report provides an in-depth analysis of the metal hammer 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 25733055 - Hammers and sledge hammers with working part of metal
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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