Japan: Machine-Tool For Drilling Market 2024

Machine-Tool For Drilling Market Size in Japan

The Japanese machine-tool for drilling market contracted slightly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Machine-Tool For Drilling Production in Japan

In value terms, machine-tool for drilling production fell to $X in 2022 estimated in export price. Overall, production saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Machine-Tool For Drilling Exports

Exports from Japan

In 2022, the amount of machine-tools for drilling, boring or milling metal exported from Japan contracted to X units, reducing by X% against 2021. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, machine-tool for drilling exports expanded slightly to $X in 2022. In general, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X units), Thailand (X units) and the United States (X units) were the main destinations of machine-tool for drilling exports from Japan, together comprising X% of total exports. South Korea, Singapore, Taiwan (Chinese), China, Pakistan, the Philippines, the UK, Canada, India and Indonesia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Thailand ($X) appeared to be the largest markets for machine-tool for drilling exported from Japan worldwide, with a combined X% share of total exports. South Korea, Vietnam, Taiwan (Chinese), India, the Philippines, Indonesia, Pakistan, the UK, Singapore and Canada lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Pakistan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average machine-tool for drilling export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 ($X per unit), while the average price for exports to Canada ($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 a decline.

Machine-Tool For Drilling Imports

Imports into Japan

In 2022, after two years of growth, there was significant decline in overseas purchases of machine-tools for drilling, boring or milling metal, when their volume decreased by X% to X units. In general, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then reduced remarkably in the following year.

In value terms, machine-tool for drilling imports reduced sharply to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

South Korea (X units), China (X units) and Germany (X units) were the main suppliers of machine-tool for drilling imports to Japan, together accounting for X% of total imports. The United States, Taiwan (Chinese), Finland and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and South Korea ($X) were the largest machine-tool for drilling suppliers to Japan, together comprising X% of total imports. Switzerland, Finland, the United States, Germany and Thailand lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Finland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average machine-tool for drilling import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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