Japan - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMotor Vehicle Engine Price in Japan - 2023
Contents:
- Motor Vehicle Engine Price in Japan (FOB) - 2023
- Motor Vehicle Engine Price in Japan (CIF) - 2023
- Motor Vehicle Engine Exports in Japan
- Motor Vehicle Engine Imports in Japan
Motor Vehicle Engine Price in Japan (FOB) - 2023
The average motor vehicle engine export price stood at $2,411 per unit in July 2023, growing by 4.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 7.5% m-o-m. The export price peaked at $2,486 per unit in January 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Mexico ($2,804 per unit), while the average price for exports to the United States ($1,779 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 Malaysia (+1.1%), while the prices for the other major destinations experienced a decline.
Motor Vehicle Engine Price in Japan (CIF) - 2023
In July 2023, the average motor vehicle engine import price amounted to $922 per unit, picking up by 42% against the previous month. Over the period under review, import price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, motor vehicle engine import price increased by +41.5% against June 2023 indices. The pace of growth was the most pronounced in March 2023 when the average import price increased by 63% month-to-month. Over the period under review, average import prices reached the maximum in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($2,470 per unit), while the price for Vietnam ($200 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 Indonesia (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Motor Vehicle Engine Exports in Japan
For the third year in a row, Japan recorded decline in shipments abroad of motor vehicle engines (spark-ignition), which decreased by -11.4% to 348M units in 2022. Over the period under review, exports showed a abrupt decline. The smallest decline of less than 0.1% was in 2021. Over the period under review, the exports attained the peak figure at 489M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, motor vehicle engine exports shrank to $2.1B in 2022. Overall, exports saw a abrupt downturn. The smallest decline of -12.8% was in 2021. Over the period under review, the exports hit record highs at $3.8B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Motor Vehicle Engine in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,327 | 1,145 | 514 | 608 | -22.9% |
| United States | 666 | 399 | 445 | 448 | -12.4% |
| Mexico | 154 | 166 | 260 | 155 | 0.2% |
| Russia | 200 | 171 | 245 | 146 | -10.0% |
| Thailand | 188 | 115 | 128 | 95.1 | -20.3% |
| Hungary | 159 | 143 | 157 | 93.5 | -16.2% |
| Malaysia | 111 | 82.0 | 104 | 71.2 | -13.8% |
| Indonesia | 196 | 76.0 | 40.9 | 64.1 | -31.1% |
| Pakistan | 8.2 | 10.5 | 13.5 | 9.4 | 4.7% |
| United Arab Emirates | 2.1 | 3.6 | 5.0 | 3.0 | 12.6% |
| Others | 738 | 384 | 438 | 357 | -21.5% |
| Total | 3,750 | 2,696 | 2,352 | 2,051 | -18.2% |
Top Export Markets for Motor Vehicle Engine from Japan in 2022:
- Malaysia (83.3M units)
- China (52.7M units)
- Russia (36.0M units)
- United States (35.1M units)
- United Arab Emirates (20.1M units)
- Thailand (14.8M units)
- Mexico (11.8M units)
- Hungary (10.3M units)
- Pakistan (7.5M units)
- Indonesia (6.8M units)
Motor Vehicle Engine Imports in Japan
Motor vehicle engine imports into Japan declined dramatically to 6.9M units in 2022, waning by -25.5% compared with the previous year's figure. Over the period under review, imports saw a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked at 19M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, motor vehicle engine imports declined dramatically to $126M in 2022. In general, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 4.4%. Over the period under review, imports reached the maximum at $377M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Motor Vehicle Engine in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 145 | 15.5 | 18.2 | 31.3 | -40.0% |
| Vietnam | 27.9 | 23.9 | 26.2 | 31.1 | 3.7% |
| United States | 91.8 | 24.8 | 54.6 | 20.4 | -39.4% |
| Russia | 6.4 | 40.3 | 47.9 | 17.3 | 39.3% |
| United Kingdom | 64.3 | 35.3 | 12.8 | 13.3 | -40.9% |
| Indonesia | 2.7 | 2.3 | 3.4 | 2.9 | 2.4% |
| Mexico | 18.9 | 1.7 | 0.4 | 2.5 | -49.0% |
| Others | 20.1 | 22.4 | 9.9 | 7.0 | -29.6% |
| Total | 377 | 166 | 174 | 126 | -30.6% |
Top Suppliers of Motor Vehicle Engine to Japan in 2022:
- Vietnam (2018.8K units)
- China (1950.7K units)
- United States (1071.1K units)
- Russia (760.8K units)
- United Kingdom (624.8K units)
- Indonesia (205.7K units)
- Mexico (98.4K units)
This report provides an in-depth analysis of the motor vehicle engine 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 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
- Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.
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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