Japan - Machinery For Public Works And Building - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Machinery For Public Works And Building - Market Analysis, Forecast, Size, Trends And Insights

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Public Works Machinery Price in Japan - 2023

Contents:

  1. Public Works Machinery Price in Japan (FOB) - 2022
  2. Public Works Machinery Price in Japan (CIF) - 2023
  3. Public Works Machinery Exports in Japan
  4. Public Works Machinery Imports in Japan

Public Works Machinery Price in Japan (FOB) - 2022

In 2022, the average public works machinery export price amounted to $21,713 per unit, falling by -14.7% against the previous year. Overall, the export price showed a mild downturn. The growth pace was the most rapid in 2017 when the average export price increased by 32%. The export price peaked at $28,736 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($28,624 per unit), while the average price for exports to Turkey ($2,517 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 UK (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Public Works Machinery Price in Japan (CIF) - 2023

In September 2023, the average public works machinery import price amounted to $24,225 per unit, increasing by 5.8% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.5%. The growth pace was the most rapid in February 2023 an increase of 49% m-o-m. The import price peaked at $26,133 per unit in June 2023; 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 Austria ($173K per unit), while the price for China ($10,087 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 Austria (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Public Works Machinery Exports in Japan

In 2022, shipments abroad of machinery for public works and building was finally on the rise to reach 1.6K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a pronounced decline. Over the period under review, the exports reached the peak figure at 1.9K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, public works machinery exports expanded remarkably to $35M in 2022. Overall, exports, however, saw a abrupt decline. Over the period under review, the exports hit record highs at $47M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Public Works Machinery in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3.15.35.45.823.2%
Taiwan (Chinese)2.48.82.55.027.7%
Netherlands4.51.63.94.1-3.1%
United States6.41.31.53.7-16.7%
Indonesia5.01.71.73.7-9.5%
Italy2.30.21.61.9-6.2%
United Kingdom0.2N/A1.11.8108.0%
Philippines1.10.62.31.613.3%
China6.25.54.41.1-43.8%
Australia1.10.30.90.9-6.5%
Bangladesh0.60.50.10.60.0%
Malaysia3.70.60.60.5-48.7%
Norway2.1N/AN/A0.2-54.3%
Others8.69.25.84.0-22.5%
Total47.035.631.835.0-9.4%

Top Export Markets for Public Works Machinery from Japan in 2022:

  1. Thailand (225.0 units)
  2. Taiwan (Chinese) (194.0 units)
  3. Netherlands (144.0 units)
  4. Italy (143.0 units)
  5. Indonesia (143.0 units)
  6. United States (141.0 units)
  7. United Kingdom (107.0 units)
  8. Bangladesh (87.0 units)
  9. Philippines (62.0 units)
  10. China (45.0 units)
  11. Norway (36.0 units)
  12. Australia (33.0 units)
  13. Malaysia (19.0 units)

Public Works Machinery Imports in Japan

For the third year in a row, Japan recorded decline in overseas purchases of machinery for public works and building, which decreased by -39.8% to 463 units in 2022. Over the period under review, imports showed a sharp decrease. The smallest decline of -7.2% was in 2020. Over the period under review, imports attained the peak figure at 1.2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, public works machinery imports fell sharply to $9M in 2022. Overall, imports faced a dramatic curtailment. The smallest decline of -2.5% was in 2020. Over the period under review, imports hit record highs at $23M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Public Works Machinery in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.816.27.63.1-40.6%
United States4.21.53.02.0-21.9%
China0.51.21.31.233.9%
South Korea1.31.70.81.1-5.4%
Italy0.10.20.10.344.2%
Taiwan (Chinese)N/A0.1N/A0.373.2%
Vietnam0.5N/A0.10.1-41.5%
Others1.31.21.51.0-8.4%
Total22.622.114.59.0-26.4%

Top Suppliers of Public Works Machinery to Japan in 2022:

  1. Germany (161.0 units)
  2. South Korea (116.0 units)
  3. China (70.0 units)
  4. United States (56.0 units)
  5. Taiwan (Chinese) (11.0 units)
  6. Italy (9.0 units)
  7. Vietnam (9.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the public works machinery market 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 28923090 - Machinery for public works, building..., having individual functions

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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