Japan - Heat Pumps other than Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHeat Pump Price in Japan - 2023
Contents:
- Heat Pump Price in Japan (FOB) - 2022
- Heat Pump Price in Japan (CIF) - 2022
- Heat Pump Exports in Japan
- Heat Pump Imports in Japan
Heat Pump Price in Japan (FOB) - 2022
In 2022, the average heat pump export price amounted to $1,418 per unit, remaining stable against the previous year. Over the period under review, the export price saw a perceptible slump. The growth pace was the most rapid in 2014 an increase of 16% against the previous year. As a result, the export price reached the peak level of $2,001 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,322 per unit), while the average price for exports to Vietnam ($175 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 the UK (-0.9%), while the prices for the other major destinations experienced a decline.
Heat Pump Price in Japan (CIF) - 2022
In 2022, the average heat pump import price amounted to $1,567 per unit, falling by -6.7% against the previous year. In general, the import price continues to indicate a slight downturn. The growth pace was the most rapid in 2016 when the average import price increased by 16% against the previous year. The import price peaked at $1,904 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($19,267 per unit), while the price for Thailand ($936 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.6%), while the prices for the other major suppliers experienced a decline.
Heat Pump Exports in Japan
In 2022, exports of heat pumps other than air conditioning machines from Japan soared to 189K units, increasing by 31% on the year before. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, heat pump exports soared to $268M in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 44%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Heat Pump in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 8.4 | 20.2 | 63.5 | 74.8 | 107.3% |
United Kingdom | 20.1 | 19.2 | 23.0 | 41.6 | 27.4% |
Germany | 7.9 | 8.2 | 18.3 | 30.8 | 57.4% |
China | 23.4 | 24.0 | 28.8 | 28.1 | 6.3% |
Italy | 4.2 | 3.7 | 9.6 | 12.0 | 41.9% |
South Korea | 13.7 | 14.4 | 9.8 | 12.0 | -4.3% |
Spain | 4.7 | 5.6 | 4.4 | 9.2 | 25.1% |
Netherlands | 4.4 | 5.1 | 7.0 | 6.7 | 15.0% |
United States | 15.6 | 9.6 | 4.3 | 4.8 | -32.5% |
Vietnam | 2.0 | 2.3 | 1.1 | 1.6 | -7.2% |
Others | 30.9 | 30.6 | 36.0 | 45.9 | 14.1% |
Total | 135 | 143 | 206 | 268 | 25.7% |
Top Export Markets for Heat Pump from Japan in 2022:
- France (67.2K units)
- Germany (22.3K units)
- United Kingdom (21.6K units)
- China (12.1K units)
- Italy (9.6K units)
- Vietnam (9.1K units)
- South Korea (9.0K units)
- Spain (6.0K units)
- Netherlands (3.1K units)
- United States (2.4K units)
Heat Pump Imports in Japan
In 2022, imports of heat pumps other than air conditioning machines into Japan shrank dramatically to 7.7K units, dropping by -15.8% compared with the previous year's figure. In general, imports recorded a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of 9.1K units, and then contracted rapidly in the following year.
In value terms, heat pump imports declined markedly to $12M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of $15M, and then shrank notably in the following year.
Import of Heat Pump in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.9 | 7.2 | 8.6 | 5.2 | -13.0% |
Australia | N/A | 2.3 | 4.6 | 4.6 | 41.4% |
South Korea | 1.0 | 1.1 | 1.2 | 0.7 | -11.2% |
Thailand | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
Ireland | 1.0 | N/A | N/A | N/A | 0% |
Others | 0.8 | 0.4 | 0.3 | 1.2 | 14.5% |
Total | 11.1 | 11.3 | 15.3 | 12.1 | 2.9% |
Top Suppliers of Heat Pump to Japan in 2022:
- China (4.6K units)
- Australia (1.6K units)
- South Korea (0.6K units)
- Thailand (0.5K units)
This report provides an in-depth analysis of the heat pump 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 28251380 - Heat pumps other than air conditioning machines of HS
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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