Japan - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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Way-Type Unit Head Market Size in Japan
In 2021, the Japanese way-type unit head market decreased by -15.7% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, showed a strong expansion. Way-type unit head consumption peaked at $X in 2020, and then plummeted in the following year.
Way-Type Unit Head Production in Japan
In value terms, way-type unit head production plummeted to $X in 2021 estimated in export price. In general, production, however, recorded a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 143%. Over the period under review, production attained the peak level at $X in 2020, and then declined dramatically in the following year.
Way-Type Unit Head Exports
Exports from Japan
In 2021, way-type unit head exports from Japan skyrocketed to X tons, increasing by 135% against the year before. Overall, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 233% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
In value terms, way-type unit head exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a deep downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
The United States (X tons) was the main destination for way-type unit head exports from Japan, with a 90% share of total exports. Moreover, way-type unit head exports to the United States exceeded the volume sent to the second major destination, South Korea (X tons), more than tenfold. The third position in this ranking was held by China (X kg), with a 1.1% share.
From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +18.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+3.5% per year) and China (-24.7% per year).
In value terms, the United States ($X) emerged as the key foreign market for way-type unit heads for working metal exports from Japan, comprising 93% of total exports. The second position in the ranking was held by South Korea ($X), with a 5.2% share of total exports. It was followed by China, with a 1.4% share.
From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+3.5% per year) and China (-13.6% per year).
Export Prices by Country
The average way-type unit head export price stood at $X per ton in 2021, increasing by 90% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, way-type unit head export price increased by +146.1% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Myanmar ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Way-Type Unit Head Imports
Imports into Japan
In 2021, the amount of way-type unit heads for working metal imported into Japan skyrocketed to X tons, increasing by 426% against the previous year's figure. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 3,914% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.
In value terms, way-type unit head imports soared to $X in 2021. Overall, imports saw a mild expansion. The pace of growth was the most pronounced in 2017 when imports increased by 3,070% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X tons) constituted the largest supplier of way-type unit head to Japan, accounting for a 73% share of total imports. Moreover, way-type unit head imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), sevenfold. The third position in this ranking was taken by Sweden (X tons), with a 9.4% share.
From 2012 to 2021, the average annual growth rate of volume from China stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-23.1% per year) and Sweden (+26.9% per year).
In value terms, China ($X) constituted the largest supplier of way-type unit heads for working metal to Japan, comprising 70% of total imports. The second position in the ranking was held by Australia ($X), with a 5.8% share of total imports. It was followed by Taiwan (Chinese), with a 5.4% share.
From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (0.0% per year) and Taiwan (Chinese) (-31.7% per year).
Import Prices by Country
In 2021, the average way-type unit head import price amounted to $X per ton, waning by -57.3% against the previous year. Overall, the import price showed a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 664%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the way-type unit head 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 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
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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