Japan - Broaching Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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Metal Broaching Machine Market Size in Japan
In 2021, the Japanese metal broaching machine market increased by 13% to $X, rising for the third year in a row after two years of decline. In general, consumption showed a significant increase. Metal broaching machine consumption peaked in 2021 and is expected to retain growth in the immediate term.
Metal Broaching Machine Production in Japan
In value terms, metal broaching machine production stood at $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Metal Broaching Machine Exports
Exports from Japan
In 2021, overseas shipments of broaching machines for working metal decreased by -30.8% to X units, falling for the third year in a row after two years of growth. Overall, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2017 when exports increased by 28%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
In value terms, metal broaching machine exports contracted sharply to $X in 2021. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 13% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
The United States (X units) was the main destination for metal broaching machine exports from Japan, with a 33% share of total exports. Moreover, metal broaching machine exports to the United States exceeded the volume sent to the second major destination, Canada (X units), fourfold. China (X units) ranked third in terms of total exports with a 7.7% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+2.1% per year) and China (-24.6% per year).
In value terms, China ($X) remains the key foreign market for broaching machines for working metal exports from Japan, comprising 45% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by India, with a 4.6% share.
From 2012 to 2021, the average annual rate of growth in terms of value to China stood at -11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-6.2% per year) and India (-17.0% per year).
Export Prices by Country
The average metal broaching machine export price stood at $X per unit in 2021, rising by 6.3% against the previous year. Over the last nine years, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2013 an increase of 53% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+58.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Broaching Machine Imports
Imports into Japan
In 2021, purchases abroad of broaching machines for working metal was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp setback. The most prominent rate of growth was recorded in 2016 with an increase of 483% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
In value terms, metal broaching machine imports shrank sharply to $X in 2021. Overall, imports, however, recorded a sharp setback. The growth pace was the most rapid in 2016 when imports increased by 426%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, the UK (X units) was the main supplier of metal broaching machine to Japan, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from the UK stood at -26.2%.
In value terms, the UK ($X) constituted the largest supplier of broaching machines for working metal to Japan.
From 2012 to 2021, the average annual rate of growth in terms of value from the UK totaled -37.8%.
Import Prices by Country
The average metal broaching machine import price stood at $X per unit in 2021, with a decrease of -97.8% against the previous year. In general, the import price recorded a mild descent. The pace of growth was the most pronounced in 2020 an increase of 3,994% against the previous year. As a result, import price reached the peak level of $X per unit, and then declined rapidly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to -15.1% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal broaching machine 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 28412410 - Broaching machines for working metal
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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