Price for Machines; Parts and Accessories, of Heading No. 8472 in Japan - 2023
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Japan (FOB) - 2023
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Japan (CIF) - 2023
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Japan
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Japan
Price for Machines; Parts and Accessories, of Heading No. 8472 in Japan (FOB) - 2023
In November 2023, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $98,802 per ton, surging by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in July 2023 when the average export price increased by 27% against the previous month. Over the period under review, the average export prices hit record highs in November 2023.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Hong Kong SAR ($196K per ton), while the average price for exports to Thailand ($27,332 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Japan (CIF) - 2023
The average import price for machines; parts and accessories, of heading no. 8472 stood at $35,349 per ton in November 2023, shrinking by -4.4% against the previous month. Over the period under review, the import price saw a mild contraction. The pace of growth was the most pronounced in December 2022 an increase of 15% against the previous month. As a result, import price attained the peak level of $45,732 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($43,219 per ton), while the price for South Korea ($14,939 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Japan
In 2022, exports of machines; parts and accessories, of heading no. 8472 from Japan stood at 1.8K tons, with an increase of 2.5% against 2021. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 5.8%.
In value terms, exports of machines; parts and accessories, of heading no. 8472 reduced to $151M in 2022. In general, exports, however, saw a deep slump.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 56.1 | 34.4 | 38.6 | 40.0 | -10.7% |
| Hong Kong SAR | 24.5 | 17.2 | 6.8 | 28.5 | 5.2% |
| United States | 11.3 | 13.4 | 14.9 | 19.3 | 19.5% |
| China | 63.8 | 59.5 | 44.1 | 12.7 | -41.6% |
| India | 2.9 | 3.0 | 5.8 | 8.8 | 44.8% |
| Netherlands | 11.9 | 8.2 | 9.0 | 8.0 | -12.4% |
| Thailand | 8.4 | 6.2 | 5.2 | 4.3 | -20.0% |
| Italy | 1.8 | 1.4 | 3.6 | 2.9 | 17.2% |
| Others | 34.5 | 30.0 | 32.2 | 26.6 | -8.3% |
| Total | 215 | 173 | 160 | 151 | -11.1% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Japan in 2022:
- Philippines (428.4 tons)
- United States (352.6 tons)
- Netherlands (184.5 tons)
- Hong Kong SAR (154.7 tons)
- Thailand (149.8 tons)
- China (148.6 tons)
- India (115.9 tons)
- Italy (64.5 tons)
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Japan
In 2022, approx. 2.9K tons of machines; parts and accessories, of heading no. 8472 were imported into Japan; waning by -36.4% against the previous year. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of 4.6K tons, and then shrank dramatically in the following year.
In value terms, imports of machines; parts and accessories, of heading no. 8472 reduced dramatically to $118M in 2022. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 8.3% against the previous year.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 105 | 99.0 | 103 | 77.5 | -9.6% |
| Philippines | 39.0 | 22.0 | 22.9 | 18.9 | -21.5% |
| Vietnam | 4.3 | 5.6 | 9.1 | 11.0 | 36.8% |
| Thailand | 2.6 | 2.1 | 4.0 | 3.6 | 11.5% |
| Others | 7.4 | 8.8 | 9.7 | 7.2 | -0.9% |
| Total | 159 | 138 | 149 | 118 | -9.5% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Japan in 2022:
- China (1950.0 tons)
- Philippines (494.9 tons)
- Vietnam (339.4 tons)
- Thailand (51.2 tons)
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This report provides an in-depth analysis of the computing machinery market in Japan.
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This report provides an in-depth analysis of the global computing machinery market.
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