Japan - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights

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Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan - 2023

Contents:

  1. Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan (FOB) - 2023
  2. Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan (CIF) - 2022
  3. Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan
  4. Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan

Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan (FOB) - 2023

In November 2023, the average export price for toothed wheels, chain sprockets and other transmission elements amounted to $15,475 per ton, with an increase of 7.2% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 20% month-to-month. The export price peaked at $17,226 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($18,949 per ton), while the average price for exports to the Philippines ($3,638 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 China (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan (CIF) - 2022

The average import price for toothed wheels, chain sprockets and other transmission elements stood at $7,113 per ton in 2022, increasing by 8.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2016 an increase of 9.4%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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 Mexico ($27,742 per ton), while the price for China ($5,238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan

Exports of toothed wheels, chain sprockets and other transmission elements from Japan was estimated at 27K tons in 2022, with an increase of 4.5% against the year before. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 35%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of toothed wheels, chain sprockets and other transmission elements stood at $455M in 2022. The total export value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 34%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States77.162.380.112718.1%
China88.995.61301086.7%
Thailand30.330.848.046.115.0%
Germany20.515.618.717.6-5.0%
Indonesia12.88.213.817.210.4%
South Korea14.910.112.116.84.1%
Mexico13.98.611.514.00.2%
Philippines9.25.59.66.6-10.5%
Brazil3.93.54.26.418.0%
Malaysia7.95.67.75.3-12.5%
Others84.472.790.289.52.0%
Total3643194264557.7%

Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from Japan in 2022:

  1. China (6.4K tons)
  2. United States (6.1K tons)
  3. Thailand (3.0K tons)
  4. Indonesia (1.9K tons)
  5. Philippines (1.8K tons)
  6. Mexico (1.5K tons)
  7. Germany (1.2K tons)
  8. South Korea (0.8K tons)
  9. Brazil (0.6K tons)
  10. Malaysia (0.5K tons)

Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan

In 2022, approx. 50K tons of toothed wheels, chain sprockets and other transmission elements were imported into Japan; falling by -5.1% against the previous year's figure. Overall, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of 53K tons, and then contracted in the following year.

In value terms, imports of toothed wheels, chain sprockets and other transmission elements rose modestly to $359M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1461151481582.7%
South Korea40.636.239.638.9-1.4%
Thailand35.420.328.126.6-9.1%
Mexico8.217.028.224.744.4%
Taiwan (Chinese)23.117.224.724.11.4%
Germany21.217.921.423.02.8%
Vietnam17.114.915.317.30.4%
Others57.941.143.546.3-7.2%
Total3502793493590.8%

Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to Japan in 2022:

  1. China (30.1K tons)
  2. South Korea (7.2K tons)
  3. Taiwan (Chinese) (3.0K tons)
  4. Thailand (2.8K tons)
  5. Vietnam (2.3K tons)
  6. Germany (1.5K tons)
  7. Mexico (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements 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 28153930 - Parts of bearing housings
  • Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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