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Japan - Transmission Shafts And Cranks, Bearing Housings And Plain Shaft Bearings, Gears And Gearing And Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2025

Japan - Transmission Shafts And Cranks, Bearing Housings And Plain Shaft Bearings, Gears And Gearing And Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights

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Oct 29, 2024

Japan's Export of Transmission Shafts Drops 10% to $4.2 Billion in 2023

Japan Transmission Shaft Exports

In 2023, the amount of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain exported from Japan declined to 302K tons, shrinking by -11.1% compared with 2022 figures. Over the period under review, exports recorded a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. The exports peaked at 418K tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, transmission shaft exports dropped to $4.2B (IndexBox estimates) in 2023. In general, exports showed a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. The exports peaked at $5.6B in 2013; however, from 2014 to 2023, the exports remained at a lower figure.Japan Transmission Shaft Exports By Country (Million USD)

COUNTRYExport Value of Transmission Shaft in Japan (million USD)
20132014201520162017201820192020202120222023
United States1,4671,3251,2151,2241,1951,2231,1529091,2531,1511,112
China9949718048661,0571,0669239311,153926736
Thailand514428410422449458428322441348306
Indonesia348286194185250316227122225275242
Mexico139220205219191178177161193147180
Germany232269224249288287265235277272180
South Korea249227198197207216169155155151133
Others1,6711,5731,3971,5001,5971,6901,5611,2651,5171,3841,291
Total5,6155,2984,6484,8625,2345,4344,9024,0995,2144,6544,180

Exports by Country

the United States (86K tons), China (51K tons) and Thailand (27K tons) were the main destinations of transmission shaft exports from Japan, with a combined 54% share of total exports. Indonesia, Mexico, Germany and South Korea lagged somewhat behind, together accounting for a further 21%.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +4.5%), while the other leaders experienced a decline.

In value terms, the United States ($1.1B), China ($736M) and Thailand ($306M) were the largest markets for transmission shaft exported from Japan worldwide, with a combined 52% share of total exports. Indonesia, Mexico, Germany and South Korea lagged somewhat behind, together accounting for a further 18%.

Mexico, with a CAGR of +2.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Exports by Type

Gears and gearing (99K tons), transmission shafts and cranks (99K tons) and flywheels and pulleys (36K tons) were the main products of transmission shaft exports from Japan, with a combined 78% share of total exports. Bearing housings not incorporating ball or roller bearings, plain shaft bearings, chain; articulated link, roller, of iron or steel, bearing housings incorporating ball or roller bearings, clutches and shaft couplings and iron or steel articulated link chain lagged somewhat behind, together comprising a further 22%.

From 2013 to 2023, the biggest increases were recorded for iron or steel articulated link chain (with a CAGR of +7.7%), while shipments for the other products experienced more modest paces of growth.

In value terms, gears and gearing ($1.6B), transmission shafts and cranks ($871M) and bearing housings not incorporating ball or roller bearings, plain shaft bearings ($747M) appeared to be the most exported types of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain from Japan worldwide, with a combined 78% share of total exports. Flywheels and pulleys, chain; articulated link, roller, of iron or steel, clutches and shaft couplings, bearing housings incorporating ball or roller bearings and iron or steel articulated link chain lagged somewhat behind, together comprising a further 22%.

Among the main product categories, iron or steel articulated link chain, with a CAGR of +6.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other products experienced a decline.

Export Prices by Country

In 2023, the transmission shaft price stood at $13,856 per ton (FOB, Japan), remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 6.9% against the previous year. The export price peaked at $14,732 per ton in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($16,735 per ton), while the average price for exports to Brazil ($8,334 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the transmission shaft 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 28152130 - Iron or steel roller chain of a kind used for cycles and motor cycles
  • Prodcom 28152150 - Iron or steel roller chain (excluding of a kind used for cycles or motor-cycles)
  • Prodcom 28152170 - Iron or steel articulated link chain (excluding roller chain)
  • Prodcom 28152230 - Cranks and crankshafts
  • Prodcom 28152250 - Cardan shafts
  • Prodcom 28152270 - Other shafts
  • Prodcom 28152330 - Bearing housings incorporating ball or roller bearings
  • Prodcom 28152350 - Bearing housings not incorporating ball or roller bearings, p lain shaft bearings
  • Prodcom 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
  • Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
  • Prodcom 28152434 - Gear boxes ..., worm gear boxes
  • Prodcom 28152440 - Other gear boxes
  • Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
  • Prodcom 28152473 - Ball or roller screws
  • Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
  • Prodcom 28152500 - Flywheels and pulleys (including pulley blocks)
  • Prodcom 28152600 - Clutches and shaft couplings (including universal joints)
  • Prodcom 28153930 - Parts of bearing housings
  • Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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