Pumps; Parts Thereof Price in Japan - 2023
Contents:
- Pumps; Parts Thereof Price in Japan (FOB) - 2023
- Pumps; Parts Thereof Price in Japan (CIF) - 2023
- Pumps; Parts Thereof Exports in Japan
- Pumps; Parts Thereof Imports in Japan
Pumps; Parts Thereof Price in Japan (FOB) - 2023
The average pumps; parts thereof export price stood at $30,253 per ton in July 2023, picking up by 5.6% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices reached the maximum at $33,478 per ton in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($76,510 per ton), while the average price for exports to Hungary ($7,921 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Price in Japan (CIF) - 2023
The average pumps; parts thereof import price stood at $14,586 per ton in July 2023, approximately mirroring the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 19% month-to-month. Over the period under review, average import prices attained the peak figure at $16,512 per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($50,823 per ton), while the price for Indonesia ($4,219 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Exports in Japan
In 2022, approx. 25K tons of pumps; parts thereoves were exported from Japan; with a decrease of -13.4% on 2021 figures. Overall, exports saw a perceptible reduction. The pace of growth was the most pronounced in 2021 when exports increased by 19%. As a result, the exports reached the peak of 29K tons, and then contracted in the following year.
In value terms, pumps; parts thereof exports contracted dramatically to $743M in 2022. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.
| Export of Pumps; Parts Thereof in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 207 | 180 | 208 | 161 | -8.0% |
| China | 159 | 162 | 181 | 144 | -3.2% |
| Thailand | 85.2 | 66.5 | 81.1 | 57.6 | -12.2% |
| South Korea | 82.2 | 60.4 | 64.3 | 45.4 | -18.0% |
| Germany | 26.3 | 27.3 | 37.5 | 34.2 | 9.1% |
| India | 32.4 | 24.7 | 35.6 | 27.3 | -5.5% |
| Indonesia | 25.5 | 14.7 | 17.0 | 26.3 | 1.0% |
| Vietnam | 9.1 | 10.0 | 16.4 | 20.5 | 31.1% |
| Mexico | 26.1 | 19.1 | 22.8 | 14.7 | -17.4% |
| United Kingdom | 12.5 | 8.2 | 17.1 | 11.8 | -1.9% |
| Hungary | 11.5 | 4.4 | 8.5 | 8.6 | -9.2% |
| Others | 225 | 206 | 194 | 191 | -5.3% |
| Total | 902 | 783 | 883 | 743 | -6.3% |
Top Export Markets for Pumps; Parts Thereof from Japan in 2022:
- United States (7.2K tons)
- China (5.4K tons)
- Thailand (3.4K tons)
- Hungary (1.3K tons)
- Vietnam (1.1K tons)
- South Korea (1.0K tons)
- Germany (0.8K tons)
- India (0.7K tons)
- United Kingdom (0.7K tons)
- Mexico (0.6K tons)
- Indonesia (0.4K tons)
Pumps; Parts Thereof Imports in Japan
In 2022, the amount of pumps; parts thereoves imported into Japan expanded rapidly to 36K tons, growing by 7.7% on the previous year. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, pumps; parts thereof imports expanded remarkably to $502M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Pumps; Parts Thereof in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 161 | 132 | 165 | 191 | 5.9% |
| Taiwan (Chinese) | 46.3 | 38.6 | 46.3 | 54.1 | 5.3% |
| South Korea | 61.1 | 58.6 | 48.9 | 51.5 | -5.5% |
| Vietnam | 32.6 | 31.3 | 40.9 | 40.2 | 7.2% |
| Thailand | 20.9 | 18.2 | 32.0 | 33.4 | 16.9% |
| Germany | 24.2 | 20.9 | 21.5 | 23.3 | -1.3% |
| Indonesia | 3.5 | 2.4 | 2.5 | 2.2 | -14.3% |
| Others | 115 | 103 | 109 | 106 | -2.7% |
| Total | 464 | 405 | 467 | 502 | 2.7% |
Top Suppliers of Pumps; Parts Thereof to Japan in 2022:
- China (18.6K tons)
- South Korea (4.2K tons)
- Vietnam (3.8K tons)
- Taiwan (Chinese) (3.3K tons)
- Thailand (2.3K tons)
- Indonesia (0.5K tons)
- Germany (0.5K tons)
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