Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan - 2022

Contents:

  1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan (FOB) - 2022
  2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan (CIF) - 2022
  3. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan
  4. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan (FOB) - 2022

In 2022, the average export price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $53,276 per unit, flattening at the previous year. In general, the export price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of 7.3%. The export price peaked at $86,894 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($53,579 per unit) and Thailand ($53,445 per unit), while the average price for exports to Malaysia ($52,917 per unit) and South Korea ($53,226 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $16,378 per unit in 2022, increasing by 8.4% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2013 an increase of 105% against the previous year. As a result, import price attained the peak level of $41,171 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($110,719 per unit), while the price for the UK ($1,597 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+56.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan

For the third year in a row, Japan recorded decline in overseas shipments of casting machines; of a kind used in metallurgy or in metal foundrieses, which decreased by -14.2% to 3K units in 2022. Over the period under review, exports recorded a deep slump. The smallest decline of -4.5% was in 2021. Over the period under review, the exports of attained the peak figure at 5.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses fell to $161M in 2022. Overall, exports faced a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 2.5% against the previous year. Over the period under review, the exports of hit record highs at $251M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China87.244.954.873.2-5.7%
South Korea17.219.631.521.27.2%
Vietnam38.815.514.417.0-24.0%
Taiwan (Chinese)12.65.915.012.2-1.1%
Thailand17.320.18.57.7-23.6%
India21.717.910.17.6-29.5%
Indonesia8.03.49.06.6-6.2%
Mexico7.14.75.63.1-24.1%
United States18.625.811.03.1-45.0%
Malaysia2.64.73.13.04.9%
Others20.118.322.36.5-31.4%
Total251181185161-13.8%

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Japan in 2022:

  1. China (1374.0 units)
  2. South Korea (398.0 units)
  3. Vietnam (318.0 units)
  4. Taiwan (Chinese) (229.0 units)
  5. Thailand (144.0 units)
  6. India (143.0 units)
  7. Indonesia (123.0 units)
  8. United States (59.0 units)
  9. Mexico (57.0 units)
  10. Malaysia (57.0 units)

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan

In 2022, after two years of decline, there was significant growth in supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses, when their volume increased by 643% to 223 units. Overall, imports enjoyed noticeable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $3.7M in 2022. In general, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at $4.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland20211355.92,584133.9%
China13.563.814.8554244.9%
Germany1,00412.13.572.5-58.4%
Vietnam29.39.22.637.78.8%
Spain74.129.810.6N/A-62.2%
Switzerland1,00432693.6N/A-69.5%
Austria8215.82.1N/A-94.9%
France29196.528.4N/A-68.8%
India13222.43.4N/A-84.0%
Finland384181107N/A-47.2%
Australia41816557.6N/A-62.9%
Others43635873.7405-2.4%
Total4,8081,3824533,652-8.8%

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Japan in 2022:

  1. Poland (207.0 units)
  2. China (5.0 units)
  3. Vietnam (4.0 units)
  4. Germany (2.0 units)

Source: IndexBox Market Intelligence Platform

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