Japan - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights

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Price for Balancing Mechanical Parts Machine in Japan - 2023

Contents:

  1. Price for Balancing Mechanical Parts Machine in Japan (FOB) - 2022
  2. Price for Balancing Mechanical Parts Machine in Japan (CIF) - 2022
  3. Exports of Balancing Mechanical Parts Machine in Japan
  4. Imports of Balancing Mechanical Parts Machine in Japan

Price for Balancing Mechanical Parts Machine in Japan (FOB) - 2022

The average balancing mechanical parts machine export price stood at $8,216 per unit in 2022, rising by 35% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($9,790 per unit), while the average price for exports to the United Arab Emirates ($2,854 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Balancing Mechanical Parts Machine in Japan (CIF) - 2022

In 2022, the average balancing mechanical parts machine import price amounted to $1,804 per unit, approximately equating the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 34% against the previous year. As a result, import price reached the peak level of $2,632 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($18,738 per unit), while the price for China ($750 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Balancing Mechanical Parts Machine in Japan

In 2022, the amount of machines for balancing mechanical parts exported from Japan shrank significantly to 5.4K units, with a decrease of -58.9% compared with 2021. Overall, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of 13K units, and then plummeted in the following year.

In value terms, balancing mechanical parts machine exports dropped significantly to $44M in 2022. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of $80M, and then reduced dramatically in the following year.

Export of Balancing Mechanical Parts Machine in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33.835.939.418.2-18.6%
Thailand9.29.113.82.7-33.5%
South Korea3.63.01.62.4-12.6%
United States5.93.12.02.1-29.1%
SerbiaN/AN/A8.52.0-76.5%
Indonesia1.03.20.71.39.1%
India6.13.22.41.3-40.3%
United Arab EmiratesN/AN/AN/A1.00%
Vietnam3.51.14.40.2-61.5%
Turkey3.1N/AN/A0.1-68.2%
Others9.54.37.212.910.7%
Total75.862.880.044.3-16.4%

Top Export Markets for Balancing Mechanical Parts Machine from Japan in 2022:

  1. China (2318.0 units)
  2. South Korea (463.0 units)
  3. Serbia (392.0 units)
  4. United Arab Emirates (344.0 units)
  5. Thailand (277.0 units)
  6. United States (273.0 units)
  7. Indonesia (249.0 units)
  8. India (223.0 units)
  9. Vietnam (36.0 units)
  10. Turkey (11.0 units)

Imports of Balancing Mechanical Parts Machine in Japan

In 2022, approx. 3.3K units of machines for balancing mechanical parts were imported into Japan; with a decrease of -11.1% compared with 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of 3.7K units, and then declined in the following year.

In value terms, balancing mechanical parts machine imports contracted to $6M in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 8.8% against the previous year. Over the period under review, imports attained the peak figure at $7.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Balancing Mechanical Parts Machine in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.62.43.52.93.7%
China2.01.31.91.3-13.4%
United States1.50.90.91.2-7.2%
Germany1.11.50.20.4-28.6%
Others0.30.10.30.1-30.7%
Total7.66.26.86.0-7.6%

Top Suppliers of Balancing Mechanical Parts Machine to Japan in 2022:

  1. China (1749.0 units)
  2. Italy (1337.0 units)
  3. United States (189.0 units)
  4. Germany (22.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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