Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan (FOB) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan (CIF) - 2022
  3. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan
  4. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $205 per unit, falling by -5.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 6.4%. Over the period under review, the average export prices attained the maximum at $226 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($346 per unit), while the average price for exports to Canada ($26 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 Mexico (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $105 per unit in 2022, growing by 4.2% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 11% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 Thailand ($489 per unit), while the price for China ($33 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan

In 2022, approx. 246K units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were exported from Japan; shrinking by -7.6% against 2021 figures. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at 305K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) shrank to $50M in 2022. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 8.8%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the peak figure at $69M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.28.010.08.4-6.3%
China11.09.58.86.8-14.8%
South Korea7.76.16.05.5-10.6%
Belgium5.54.15.23.9-10.8%
Thailand4.42.93.83.2-10.1%
India3.52.62.02.5-10.6%
Indonesia3.51.71.92.3-13.1%
Mexico1.40.51.01.910.7%
Vietnam1.81.51.41.3-10.3%
Germany1.41.21.31.1-7.7%
Australia1.41.31.50.9-13.7%
Hong Kong SAR1.51.82.00.9-15.7%
Canada0.40.30.20.1-37.0%
Others15.011.412.611.5-8.5%
Total68.553.057.750.4-9.7%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Japan in 2022:

  1. United States (48.1K units)
  2. China (28.4K units)
  3. South Korea (25.1K units)
  4. Belgium (22.3K units)
  5. India (13.8K units)
  6. Thailand (12.0K units)
  7. Indonesia (8.3K units)
  8. Australia (7.7K units)
  9. Vietnam (7.1K units)
  10. Hong Kong SAR (6.2K units)
  11. Mexico (5.5K units)
  12. Germany (4.7K units)
  13. Canada (4.3K units)

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan

Imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into Japan fell notably to 143K units in 2022, which is down by -16.9% against the previous year's figure. Over the period under review, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports attained the peak of 172K units, and then contracted remarkably in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) reduced to $15M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of $17M, and then fell in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)7.06.79.57.52.3%
Thailand0.30.91.53.0115.4%
China2.02.62.72.46.3%
United States1.51.21.40.8-18.9%
Others3.22.22.31.3-25.9%
Total14.013.617.415.12.6%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Japan in 2022:

  1. China (75.1K units)
  2. Taiwan (Chinese) (55.6K units)
  3. Thailand (6.1K units)
  4. United States (3.9K units)

Source: IndexBox Market Intelligence Platform

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