Japan - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lighting Equipment for Motor Vehicles in Japan - 2023
Contents:
- Price for Lighting Equipment for Motor Vehicles in Japan (FOB) - 2023
- Price for Lighting Equipment for Motor Vehicles in Japan (CIF) - 2023
- Exports of Lighting Equipment for Motor Vehicles in Japan
- Imports of Lighting Equipment for Motor Vehicles in Japan
Price for Lighting Equipment for Motor Vehicles in Japan (FOB) - 2023
In September 2023, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $42.2 per unit, with a decrease of -1.7% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 8.8% month-to-month. Over the period under review, the average export prices hit record highs at $47.0 per unit in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Canada ($133 per unit), while the average price for exports to Mexico ($21.0 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 the UK (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lighting Equipment for Motor Vehicles in Japan (CIF) - 2023
In September 2023, the average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $27.8 per unit, waning by -3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 7.1% against the previous month. Over the period under review, average import prices attained the peak figure at $29.7 per unit in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($42.8 per unit), while the price for Malaysia ($11.3 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 Mexico (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lighting Equipment for Motor Vehicles in Japan
Lighting equipment for motor vehicles exports from Japan fell dramatically to 40M units in 2022, with a decrease of -28.5% against the previous year. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 6.5% against the previous year. Over the period under review, the exports attained the peak figure at 75M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, lighting equipment for motor vehicles exports declined to $702M in 2022. In general, exports showed a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 20%. The exports peaked at $808M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Lighting Equipment for Motor Vehicles in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 231 | 200 | 237 | 226 | -0.7% |
| Canada | 29.9 | 25.7 | 35.7 | 55.5 | 22.9% |
| China | 96.6 | 70.5 | 64.7 | 43.4 | -23.4% |
| Thailand | 68.1 | 28.1 | 34.6 | 43.4 | -13.9% |
| Belgium | 31.6 | 36.3 | 33.6 | 39.9 | 8.1% |
| Mexico | 17.2 | 32.8 | 50.4 | 39.1 | 31.5% |
| Malaysia | 32.7 | 16.7 | 18.5 | 21.0 | -13.7% |
| Brazil | 9.8 | 10.8 | 24.3 | 18.5 | 23.6% |
| Vietnam | 36.2 | 17.3 | 18.6 | 17.0 | -22.3% |
| Taiwan (Chinese) | 12.5 | 14.3 | 15.1 | 15.6 | 7.7% |
| Australia | 14.6 | 12.1 | 15.8 | 14.4 | -0.5% |
| Russia | 67.2 | 54.3 | 73.4 | 13.5 | -41.4% |
| Singapore | 10.1 | 6.4 | 8.1 | 10.7 | 1.9% |
| Others | 150 | 118 | 145 | 144 | -1.4% |
| Total | 808 | 644 | 775 | 702 | -4.6% |
Top Export Markets for Lighting Equipment for Motor Vehicles from Japan in 2022:
- United States (12.8M units)
- Thailand (3.0M units)
- China (2.8M units)
- Canada (1.9M units)
- Taiwan (Chinese) (1.8M units)
- Mexico (1.6M units)
- Malaysia (1.5M units)
- Russia (1.5M units)
- Brazil (1.4M units)
- Vietnam (1.3M units)
- Australia (1.0M units)
- Singapore (1.0M units)
- Belgium (1.0M units)
Imports of Lighting Equipment for Motor Vehicles in Japan
In 2022, approx. 30M units of electrical lighting or visual signaling equipment for motor vehicles and cycles were imported into Japan; dropping by -18.9% on 2021. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked at 38M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, lighting equipment for motor vehicles imports reduced remarkably to $540M in 2022. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Imports peaked at $751M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Lighting Equipment for Motor Vehicles in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 314 | 236 | 286 | 223 | -10.8% |
| South Korea | 134 | 92.1 | 82.9 | 67.9 | -20.3% |
| Taiwan (Chinese) | 76.1 | 64.8 | 81.5 | 67.6 | -3.9% |
| Thailand | 108 | 69.7 | 68.2 | 61.4 | -17.2% |
| Mexico | 16.3 | 24.2 | 21.0 | 16.7 | 0.8% |
| United States | 11.9 | 9.7 | 15.0 | 14.4 | 6.6% |
| India | 3.6 | 3.1 | 11.6 | 12.7 | 52.2% |
| Malaysia | 18.0 | 12.1 | 14.0 | 11.2 | -14.6% |
| Czech Republic | 15.0 | 11.8 | 10.7 | 10.6 | -10.9% |
| Indonesia | 5.5 | 5.8 | 9.5 | 9.9 | 21.6% |
| Others | 48.5 | 40.9 | 56.9 | 44.5 | -2.8% |
| Total | 751 | 570 | 658 | 540 | -10.4% |
Top Suppliers of Lighting Equipment for Motor Vehicles to Japan in 2022:
- China (12.9M units)
- Taiwan (Chinese) (3.7M units)
- South Korea (3.6M units)
- Thailand (3.3M units)
- Mexico (0.9M units)
- United States (0.8M units)
- India (0.7M units)
- Czech Republic (0.6M units)
- Malaysia (0.6M units)
- Indonesia (0.5M units)
This report provides an in-depth analysis of the market for lighting equipment for motor vehicles 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
- Prodcom 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles
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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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
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