Japan: Electro-Mechanical Tool Market Overview 2020

Electro-Mechanical Tool Market Size in Japan

The revenue of the electro-mechanical tool market in Japan amounted to $X in 2018, going up by X% against the previous year. In general, electro-mechanical tool consumption continues to indicate prominent growth. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. In that year, the electro-mechanical tool market reached its peak level and is likely to continue its growth in the immediate term.

Electro-Mechanical Tool Production in Japan

In value terms, electro-mechanical tool production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a strong expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electro-mechanical tool production increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Electro-mechanical tool production peaked in 2018 and is expected to retain its growth in the near future.

Electro-Mechanical Tool Exports

Exports from Japan

In 2018, approx. X units of electro-mechanical tools were exported from Japan; going up by X% against the previous year. Overall, electro-mechanical tool exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked at X units in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, electro-mechanical tool exports totaled $X in 2018. Over the period under review, electro-mechanical tool exports, however, continue to indicate a noticeable setback. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, electro-mechanical tool exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X units) was the main destination for electro-mechanical tool exports from Japan, with a X% share of total exports. Moreover, electro-mechanical tool exports to the U.S. exceeded the volume sent to the second major destination, Germany (X units), threefold. Australia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Australia (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for electro-mechanical tool exports from Japan, comprising X% of total electro-mechanical tool exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2018, the average electro-mechanical tool export price amounted to $X per unit, reducing by -X% against the previous year. Overall, the electro-mechanical tool export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2012 an increase of X% y-o-y. The export price peaked at $X per unit in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per unit), while the average price for exports to South Korea ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Electro-Mechanical Tool Imports

Imports into Japan

In 2018, approx. X units of electro-mechanical tools were imported into Japan; going up by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, electro-mechanical tool imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, electro-mechanical tool imports amounted to $X in 2018. In general, electro-mechanical tool imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, electro-mechanical tool imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, China (X units) constituted the largest electro-mechanical tool supplier to Japan, with a X% share of total imports. It was followed by Malaysia (X units), with a X% share of total imports. The third position in this ranking was occupied by Taiwan, Chinese (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-X% per year) and Taiwan, Chinese (-X% per year).

In value terms, China ($X) constituted the largest supplier of electro-mechanical tool to Japan, comprising X% of total electro-mechanical tool imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports. It was followed by Taiwan, Chinese, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Taiwan, Chinese (+X% per year).

Import Prices by Country

The average electro-mechanical tool import price stood at $X per unit in 2018, remaining constant against the previous year. In general, the import price indicated a strong expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electro-mechanical tool import price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for electro-mechanical tools attained their maximum in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform