Japan - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grinding, Sanding and Polishing Machine in Japan - 2023
Contents:
- Price for Grinding, Sanding and Polishing Machine in Japan (FOB) - 2022
- Price for Grinding, Sanding and Polishing Machine in Japan (CIF) - 2023
- Exports of Grinding, Sanding and Polishing Machine in Japan
- Imports of Grinding, Sanding and Polishing Machine in Japan
Price for Grinding, Sanding and Polishing Machine in Japan (FOB) - 2022
In 2022, the average export price for grinding, sanding and polishing machines amounted to $11,128 per unit, jumping by 27% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grinding, sanding and polishing machine export price increased by +74.8% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 51%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($42,609 per unit), while the average price for exports to the Netherlands ($1,382 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 States (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Grinding, Sanding and Polishing Machine in Japan (CIF) - 2023
The average import price for grinding, sanding and polishing machines stood at $4,640 per unit in September 2023, growing by 7.9% against the previous month. Over the period under review, the import price recorded a resilient increase. The pace of growth appeared the most rapid in February 2023 an increase of 229% against the previous month. As a result, import price reached the peak level of $6,074 per unit; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($17,290 per unit), while the price for China ($913 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 Italy (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Grinding, Sanding and Polishing Machine in Japan
In 2022, approx. 1.3K units of grinding, sanding and polishing machines were exported from Japan; shrinking by -37.4% against 2021 figures. Over the period under review, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year. Over the period under review, the exports hit record highs at 2.9K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, grinding, sanding and polishing machine exports contracted remarkably to $14M in 2022. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. The exports peaked at $19M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Grinding, Sanding and Polishing Machine in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 3.2 | 4.8 | 4.7 | 10.3% |
| United States | 4.7 | 3.2 | 3.0 | 3.1 | -13.0% |
| Taiwan (Chinese) | 0.2 | 0.6 | 1.6 | 1.9 | 111.8% |
| Indonesia | 1.4 | 0.5 | 0.2 | 0.8 | -17.0% |
| Vietnam | 0.6 | 0.3 | 0.5 | 0.6 | 0.0% |
| Malaysia | 0.6 | 0.3 | 0.1 | 0.5 | -5.9% |
| Canada | 0.9 | 0.5 | 0.6 | 0.4 | -23.7% |
| Philippines | 0.1 | 0.1 | 0.7 | 0.3 | 44.2% |
| Netherlands | 0.8 | 0.3 | 0.4 | 0.3 | -27.9% |
| South Korea | 0.8 | 0.4 | 0.4 | 0.2 | -37.0% |
| Germany | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Venezuela | 0.4 | 0.4 | 0.4 | N/A | 0.0% |
| Belarus | 2.1 | N/A | 0.9 | N/A | -34.5% |
| Others | 2.4 | 3.8 | 4.2 | 1.3 | -18.5% |
| Total | 18.7 | 13.7 | 17.8 | 14.2 | -8.8% |
Top Export Markets for Grinding, Sanding and Polishing Machine from Japan in 2022:
- Taiwan (Chinese) (225.0 units)
- Netherlands (220.0 units)
- China (123.0 units)
- Canada (97.0 units)
- Indonesia (80.0 units)
- Malaysia (77.0 units)
- Philippines (75.0 units)
- United States (74.0 units)
- Vietnam (59.0 units)
- Germany (33.0 units)
- South Korea (21.0 units)
Imports of Grinding, Sanding and Polishing Machine in Japan
Grinding, sanding and polishing machine imports into Japan skyrocketed to 16K units in 2022, rising by 22% compared with 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, grinding, sanding and polishing machine imports amounted to $1.9M in 2022. In general, imports, however, showed a drastic downturn. Imports peaked at $2.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Grinding, Sanding and Polishing Machine in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 768 | 564 | 808 | 630 | -6.4% |
| Taiwan (Chinese) | 457 | 678 | 272 | 576 | 8.0% |
| Thailand | 447 | N/A | 18.6 | N/A | -79.6% |
| Others | 850 | 902 | 822 | 737 | -4.6% |
| Total | 2,522 | 2,144 | 1,921 | 1,944 | -8.3% |
Top Suppliers of Grinding, Sanding and Polishing Machine to Japan in 2022:
- Taiwan (Chinese) (8.1K units)
- China (7.2K units)
This report provides an in-depth analysis of the market for grinding, sanding and polishing 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 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
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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