Japan: Brakes And Servo-Brakes Market 2025

Brakes And Servo-Brakes Market Size in Japan

The Japanese brakes and servo-brakes market was estimated at $X in 2022, surging by 7.3% against the previous year. Over the period under review, consumption, however, saw a pronounced contraction. Brakes and servo-brakes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Brakes And Servo-Brakes Production in Japan

In value terms, brakes and servo-brakes production rose rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when the production volume increased by 25%. Brakes and servo-brakes production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Brakes And Servo-Brakes Exports

Exports from Japan

In 2022, approx. X tons of brakes and servo-brakes were exported from Japan; waning by -4.7% compared with the previous year. Over the period under review, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, brakes and servo-brakes exports shrank to $X in 2022. In general, exports showed a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for brakes and servo-brakes exports from Japan, accounting for a 29% share of total exports. Moreover, brakes and servo-brakes exports to the United States exceeded the volume sent to the second major destination, China (X tons), threefold. Thailand (X tons) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-5.1% per year) and Thailand (-10.4% per year).

In value terms, the United States ($X) remains the key foreign market for brakes and servo-brakes exports from Japan, comprising 33% of total exports. The second position in the ranking was taken by China ($X), with a 14% share of total exports. It was followed by Thailand, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-3.6% per year) and Thailand (-10.2% per year).

Export Prices by Country

In 2022, the average brakes and servo-brakes export price amounted to $X per ton, reducing by -8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2020 an increase of 22% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Mexico ($X per ton) 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 (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Brakes And Servo-Brakes Imports

Imports into Japan

In 2022, overseas purchases of brakes and servo-brakes increased by 8.9% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 19%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, brakes and servo-brakes imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest brakes and servo-brakes supplier to Japan, with a 60% share of total imports. Moreover, brakes and servo-brakes imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), eightfold. Poland (X tons) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+3.8% per year) and Poland (+5.9% per year).

In value terms, China ($X) constituted the largest supplier of brakes and servo-brakes to Japan, comprising 45% of total imports. The second position in the ranking was taken by Thailand ($X), with a 9.1% share of total imports. It was followed by Germany, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+5.4% per year) and Germany (-5.6% per year).

Import Prices by Country

In 2022, the average brakes and servo-brakes import price amounted to $X per ton, increasing by 4.3% against the previous year. Over the period under review, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2017 an increase of 8.3% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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