Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan - 2022

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan
  4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan (CIF) - 2022

The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $1,405 per unit in 2022, dropping by -9.2% against the previous year. In general, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17%. The import price peaked at $3,835 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($4,143 per unit), while the price for Spain ($41 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $3,299 per unit, approximately mirroring the previous year. Over the period under review, the export price showed a deep downturn. The growth pace was the most rapid in 2019 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs at $8,592 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($13,704 per unit), while the average price for exports to Ethiopia ($155 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 Honduras (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan

In 2022, the amount of weighing machines; having a maximum weighing capacity exceeding 5000kgs imported into Japan skyrocketed to 2.8K units, increasing by 39% compared with the previous year. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs soared to $4M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China39828638268319.7%
Vietnam8.116.0551547307.2%
United Kingdom79.610813630055.6%
United States15230828021311.9%
Iceland49.247.536.635.1-10.6%
Israel2.00.92.330.4147.7%
New Zealand16344.713424.4-46.9%
Germany5.493.350.01.4-36.2%
Others1,3931,1241,5732,14715.5%
Total2,2502,0293,1463,98120.9%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Japan in 2022:

  1. China (2014.0 units)
  2. United Kingdom (309.0 units)
  3. Vietnam (132.0 units)
  4. United States (55.0 units)
  5. Israel (54.0 units)
  6. Iceland (41.0 units)
  7. New Zealand (29.0 units)
  8. Germany (4.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan

In 2022, the amount of weighing machines; having a maximum weighing capacity exceeding 5000kgs exported from Japan reduced slightly to 148 units, declining by -2% on the previous year. In general, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 10% against the previous year. Over the period under review, the exports of attained the peak figure at 181 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs dropped to $488K in 2022. Overall, exports showed a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 5.2%. The exports peaked at $968K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru3.81.624.475.4170.7%
Honduras0.231.632.851.9537.8%
Serbia0.30.40.827.8352.5%
Saudi Arabia56.355.53.126.2-22.5%
India7.21.319225.552.4%
South Africa13149.49.725.0-42.4%
Spain1.314.722.415.3127.5%
Mauritius1.81.41.21.91.8%
Canada18573.953.21.6-79.5%
Denmark19.12.81.11.0-62.6%
Brunei Darussalam47.014.40.10.3-81.5%
Pakistan1.119.50.40.2-43.3%
Others514210160236-22.9%
Total968477501488-20.4%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Japan in 2022:

  1. Peru (12.0 units)
  2. Serbia (9.0 units)
  3. Spain (6.0 units)
  4. South Africa (5.0 units)
  5. India (5.0 units)
  6. Honduras (4.0 units)
  7. Saudi Arabia (2.0 units)
  8. Mauritius (2.0 units)
  9. Canada (1.0 units)
  10. Pakistan (1.0 units)
  11. Denmark (1.0 units)
  12. Brunei Darussalam (1.0 units)

Source: IndexBox Market Intelligence Platform

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