Price for Floating or Submersible Drilling or Production Platforms in Japan - 2022

Contents:

1. Price for Floating or Submersible Drilling or Production Platforms in Japan (FOB) - 2022
2. Price for Floating or Submersible Drilling or Production Platforms in Japan (CIF) - 2022
3. Exports of Floating or Submersible Drilling or Production Platforms in Japan
4. Imports of Floating or Submersible Drilling or Production Platforms in Japan

Price for Floating or Submersible Drilling or Production Platforms in Japan (FOB) - 2022

The average export price for floating or submersible drilling or production platformses stood at $19,276,842 per unit in 2022, remaining stable against the previous year. Overall, the export price showed a slight decrease. The growth pace was the most rapid in 2018 an increase of 40,678,411% against the previous year. Over the period under review, the average export prices hit record highs at $44,800,408 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +151.0% per year.

Price for Floating or Submersible Drilling or Production Platforms in Japan (CIF) - 2022

In 2022, the average import price for floating or submersible drilling or production platformses amounted to $5,644,316 per unit, increasing by 12% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 1,719%. As a result, import price attained the peak level of $45,281,882 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($7,420,444 per unit), while the price for China stood at $315,929 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+46.1%).

Exports of Floating or Submersible Drilling or Production Platforms in Japan

In 2022, approx. 1 units of floating or submersible drilling or production platformses were exported from Japan; remaining relatively unchanged against the previous year's figure. Overall, exports showed a sharp downturn. The smallest decline of -14.3% was in 2020. The exports peaked at 14 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of floating or submersible drilling or production platformses amounted to $19M in 2022. Over the period under review, exports continue to indicate a sharp setback. The smallest decline of -23.8% was in 2020. Over the period under review, the exports of reached the maximum at $105M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Floating or Submersible Drilling or Production Platforms from Japan in 2022:

1. Malaysia (1.0 units)

Imports of Floating or Submersible Drilling or Production Platforms in Japan

In 2022, after two years of decline, there was significant decline in supplies from abroad of floating or submersible drilling or production platformses, when their volume decreased by -55.6% to 4 units. Over the period under review, imports, however, saw a resilient expansion. Over the period under review, imports of attained the peak figure at 9 units in 2021, and then reduced rapidly in the following year.

In value terms, imports of floating or submersible drilling or production platformses reduced notably to $23M in 2022. Overall, imports continue to indicate a precipitous decline. Imports peaked at $136M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Japan in 2022:

1. Singapore (3.0 units)
2. China (1.0 units)

Source: IndexBox Market Intelligence Platform