Japan: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in Japan

The Japanese jacks and hoists market shrank to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a abrupt decline. Jacks and hoists consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Jacks And Hoists Production in Japan

In value terms, jacks and hoists production dropped to $X in 2022 estimated in export price. Overall, production saw a deep reduction. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Jacks and hoists production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Jacks And Hoists Exports

Exports from Japan

In 2022, overseas shipments of jacks and hoists for raising vehicles decreased by X% to X units, falling for the third year in a row after two years of growth. In general, exports saw a mild slump. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, jacks and hoists exports expanded slightly to $X in 2022. Over the period under review, exports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Mexico (X units) and Thailand (X units) were the main destinations of jacks and hoists exports from Japan, with a combined X% share of total exports. Nigeria, Malaysia, China, Vietnam, Taiwan (Chinese), South Korea and Cameroon lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Cameroon (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Mexico ($X) constituted the largest markets for jacks and hoists exported from Japan worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average jacks and hoists export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 China ($X per unit), while the average price for exports to Cameroon ($X 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 China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Jacks And Hoists Imports

Imports into Japan

Jacks and hoists imports into Japan reduced remarkably to X units in 2022, which is down by X% against 2021 figures. Overall, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, jacks and hoists imports dropped notably to $X in 2022. Over the period under review, imports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of jacks and hoists to Japan, with a X% share of total imports. Moreover, jacks and hoists imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), tenfold. The third position in this ranking was held by South Korea (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of jacks and hoists for raising vehicles to Japan, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Canada (X% per year).

Import Prices by Country

The average jacks and hoists import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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