Japan - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grease Fittings and Oil Seals in Japan - 2023
Contents:
- Price for Grease Fittings and Oil Seals in Japan (FOB) - 2023
- Price for Grease Fittings and Oil Seals in Japan (CIF) - 2023
- Exports of Grease Fittings and Oil Seals in Japan
- Imports of Grease Fittings and Oil Seals in Japan
Price for Grease Fittings and Oil Seals in Japan (FOB) - 2023
In September 2023, the average export price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels amounted to $12.5 per unit, almost unchanged from the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 13% against the previous month. The export price peaked at $15.8 per unit in March 2023; however, from April 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Singapore ($23.7 per unit), while the average price for exports to South Korea ($7.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Grease Fittings and Oil Seals in Japan (CIF) - 2023
The average import price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels stood at $5.5 per unit in September 2023, reducing by -2% against the previous month. Overall, the import price recorded a mild reduction. The growth pace was the most rapid in December 2022 when the average import price increased by 15% m-o-m. Over the period under review, average import prices attained the peak figure at $7.5 per unit in October 2022; however, from November 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($17.0 per unit), while the price for India ($1.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Grease Fittings and Oil Seals in Japan
In 2022, grease fittings and oil seals exports from Japan fell to 48M units, approximately reflecting the previous year's figure. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of 49M units, and then reduced modestly in the following year.
In value terms, grease fittings and oil seals exports shrank to $531M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, the exports attained the peak of $574M, and then contracted in the following year.
| Export of Grease Fittings and Oil Seals in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 102 | 121 | 143 | 118 | 5.0% |
| United States | 71.9 | 61.2 | 70.2 | 74.1 | 1.0% |
| South Korea | 39.8 | 42.1 | 51.1 | 48.2 | 6.6% |
| Malaysia | 54.1 | 57.7 | 49.7 | 47.9 | -4.0% |
| Vietnam | 21.6 | 24.8 | 19.4 | 31.4 | 13.3% |
| Germany | 22.9 | 15.9 | 20.8 | 21.1 | -2.7% |
| Indonesia | 11.4 | 6.1 | 10.6 | 14.8 | 9.1% |
| Thailand | 15.9 | 11.2 | 15.3 | 13.7 | -4.8% |
| Taiwan (Chinese) | 16.9 | 17.1 | 20.2 | 13.6 | -7.0% |
| Mexico | 13.0 | 10.3 | 11.8 | 10.9 | -5.7% |
| Costa Rica | 0.3 | 0.2 | 2.4 | 10.4 | 226.1% |
| India | 8.3 | 7.2 | 8.5 | 7.9 | -1.6% |
| United Arab Emirates | 3.8 | 14.9 | 30.6 | 7.8 | 27.1% |
| Others | 103 | 84.9 | 121 | 111 | 2.5% |
| Total | 485 | 474 | 574 | 531 | 3.1% |
Top Export Markets for Grease Fittings and Oil Seals from Japan in 2022:
- China (10.4M units)
- United States (6.7M units)
- South Korea (5.6M units)
- Malaysia (4.9M units)
- Vietnam (3.1M units)
- Mexico (1.9M units)
- Thailand (1.5M units)
- United Arab Emirates (1.4M units)
- Germany (1.4M units)
- Indonesia (1.1M units)
- Costa Rica (1.1M units)
- Taiwan (Chinese) (0.8M units)
- India (0.8M units)
Imports of Grease Fittings and Oil Seals in Japan
In 2022, approx. 23M units of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels were imported into Japan; falling by -8.6% on 2021 figures. Overall, imports showed a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure at 26M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, grease fittings and oil seals imports fell modestly to $134M in 2022. In general, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of $141M, and then contracted in the following year.
| Import of Grease Fittings and Oil Seals in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.5 | 33.9 | 47.2 | 49.2 | 1.2% |
| Vietnam | 12.9 | 13.7 | 14.1 | 13.8 | 2.3% |
| Taiwan (Chinese) | 14.0 | 13.0 | 20.9 | 10.7 | -8.6% |
| Germany | 10.8 | 9.1 | 9.2 | 9.2 | -5.2% |
| South Korea | 7.3 | 4.3 | 7.5 | 7.8 | 2.2% |
| Thailand | 11.2 | 14.7 | 9.8 | 7.7 | -11.7% |
| India | 1.8 | 1.2 | 1.5 | 1.6 | -3.9% |
| Others | 33.0 | 25.8 | 30.3 | 33.8 | 0.8% |
| Total | 139 | 116 | 141 | 134 | -1.2% |
Top Suppliers of Grease Fittings and Oil Seals to Japan in 2022:
- China (13.4M units)
- South Korea (1.9M units)
- Vietnam (1.7M units)
- Thailand (1.5M units)
- India (1.2M units)
- Taiwan (Chinese) (0.9M units)
- Germany (0.9M units)
This report provides an in-depth analysis of the market for grease fittings and oil seals 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 28298400 - Non-automatic lubricating pots, greasing nipples, oil seal rings, hand wheels, levers, hand grips, safety guards and baseplates for machinery
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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