Japan - Tractors - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTractor Price in Japan - 2023
Contents:
- Tractor Price in Japan (FOB) - 2023
- Tractor Price in Japan (CIF) - 2023
- Tractor Exports in Japan
- Tractor Imports in Japan
Tractor Price in Japan (FOB) - 2023
The average tractor export price stood at $22,136 per unit in September 2023, increasing by 4.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 12% m-o-m. The export price peaked in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($42,488 per unit), while the average price for exports to Vietnam ($13,164 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Tractor Price in Japan (CIF) - 2023
In September 2023, the average tractor import price amounted to $57,893 per unit, with a decrease of -15% against the previous month. Over the period under review, import price indicated slight growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, tractor import price decreased by -15.0% against August 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 34% m-o-m. Over the period under review, average import prices reached the maximum at $68,109 per unit in August 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was France ($81,148 per unit), while the price for the United States ($7,537 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 Indonesia (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Tractor Exports in Japan
For the fourth consecutive year, Japan recorded growth in overseas shipments of tractors, which increased by 76% to 224K units in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tractor exports expanded remarkably to $2.7B in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 34%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Tractor in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 966 | 908 | 1,206 | 1,311 | 10.7% |
Canada | 83.3 | 91.5 | 123 | 137 | 18.0% |
Thailand | 115 | 67.4 | 133 | 108 | -2.1% |
South Korea | 66.4 | 70.5 | 74.1 | 68.5 | 1.0% |
France | 71.3 | 53.5 | 148 | 66.2 | -2.4% |
Taiwan (Chinese) | 76.4 | 112 | 57.4 | 61.0 | -7.2% |
Australia | 33.2 | 35.0 | 71.2 | 60.3 | 22.0% |
Netherlands | 7.3 | 5.8 | 32.4 | 56.0 | 97.2% |
Vietnam | 37.9 | 33.3 | 41.1 | 54.7 | 13.0% |
Germany | 48.3 | 49.1 | 62.7 | 10.1 | -40.6% |
Others | 371 | 318 | 390 | 743 | 26.0% |
Total | 1,876 | 1,745 | 2,339 | 2,676 | 12.6% |
Top Export Markets for Tractor from Japan in 2022:
- United States (83.1K units)
- Canada (8.6K units)
- Vietnam (4.9K units)
- Thailand (4.2K units)
- France (3.6K units)
- Netherlands (3.4K units)
- Australia (2.6K units)
- South Korea (2.2K units)
- Taiwan (Chinese) (2.1K units)
- Germany (0.9K units)
Tractor Imports in Japan
In 2022, tractor imports into Japan skyrocketed to 8.5K units, increasing by 58% against 2021. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, tractor imports reached $295M in 2022. Overall, imports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 3.6%. Over the period under review, imports reached the maximum at $377M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Tractor in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 95.4 | 54.1 | 71.5 | 63.5 | -12.7% |
France | 56.0 | 43.1 | 45.2 | 63.3 | 4.2% |
Sweden | 47.1 | 37.1 | 36.7 | 32.2 | -11.9% |
United Kingdom | 25.3 | 29.4 | 27.0 | 17.1 | -12.2% |
Italy | 17.5 | 13.4 | 16.1 | 16.5 | -1.9% |
Netherlands | 31.0 | 20.3 | 13.3 | 15.6 | -20.5% |
China | 9.5 | 11.3 | 9.3 | 12.6 | 9.9% |
United Arab Emirates | 1.2 | 0.8 | 11.8 | 10.1 | 103.4% |
United States | 67.6 | 55.8 | 38.4 | 5.2 | -57.5% |
Others | 26.8 | 15.9 | 22.1 | 58.6 | 29.8% |
Total | 377 | 281 | 291 | 295 | -7.9% |
Top Suppliers of Tractor to Japan in 2022:
- Germany (1016.0 units)
- France (974.0 units)
- Sweden (690.0 units)
- China (376.0 units)
- Italy (371.0 units)
- Netherlands (272.0 units)
- United Kingdom (244.0 units)
- United Arab Emirates (234.0 units)
- United States (172.0 units)
This report provides an in-depth analysis of the tractor 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 28301000 - Pedestrian-controlled tractors
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
- Prodcom 29104300 - Road tractors for semi-trailers
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tractor market in Japan.
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Japan.
This report provides an in-depth analysis of the crawler tractor market in Japan.
This report provides an in-depth analysis of the pedestrian-controlled tractor market in Japan.
This report provides an in-depth analysis of the market for agricultural and forestry tractor in Japan.
This report provides an in-depth analysis of the global tractor market.
This report provides an in-depth analysis of the global market for road tractor for semi-trailer.
This report provides an in-depth analysis of the global crawler tractor market.
This report provides an in-depth analysis of the global pedestrian-controlled tractor market.
This report provides an in-depth analysis of the global market for agricultural and forestry tractor.
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.