Japan: Wood Slicing Machine Market 2022

Wood Slicing Machine Market Size in Japan

The Japanese wood slicing machine market rose markedly to $X in 2021, surging by 5.1% against the previous year. In general, consumption, however, saw a deep reduction. Wood slicing machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Wood Slicing Machine Production in Japan

In value terms, wood slicing machine production reached $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 31% against the previous year. Wood slicing machine production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wood Slicing Machine Exports

Exports from Japan

In 2021, shipments abroad of splitting, slicing or paring machines was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, wood slicing machine exports soared to $X in 2021. Overall, exports, however, showed a deep downturn. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for wood slicing machine exports from Japan, with a 88% share of total exports. Moreover, wood slicing machine exports to Russia exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), more than tenfold. China (X units) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +112.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+2.2% per year) and China (-12.8% per year).

In value terms, Russia ($X) emerged as the key foreign market for wood slicing machine exports from Japan, comprising 88% of total exports. The second position in the ranking was taken by China ($X), with a 12% share of total exports. It was followed by Taiwan (Chinese), with a 0.5% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +120.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+3.2% per year) and Taiwan (Chinese) (+0.4% per year).

Export Prices by Country

In 2021, the average wood slicing machine export price amounted to $X per unit, growing by 23% against the previous year. In general, the export price, however, recorded a slight shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 82%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into Japan

In 2021, imports of splitting, slicing or paring machines into Japan rose markedly to X units, picking up by 9.2% against the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 21% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, wood slicing machine imports rose slightly to $X in 2021. Overall, imports, however, showed a slight slump. The pace of growth was the most pronounced in 2018 when imports increased by 17% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main wood slicing machine supplier to Japan, accounting for a 94% share of total imports. It was followed by the United States (X units), with a 1.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-21.7% per year) and Italy (-3.9% per year).

In value terms, China ($X) constituted the largest supplier of wood slicing machine to Japan, comprising 87% of total imports. The second position in the ranking was taken by Italy ($X), with a 3.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.8% per year) and the United States (-22.8% per year).

Import Prices by Country

In 2021, the average wood slicing machine import price amounted to $X per unit, dropping by -4.9% against the previous year. Over the period under review, the import price recorded a slight descent. The most prominent rate of growth was recorded in 2015 an increase of 17% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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