Japan: Combine Harvester Market 2025

Combine Harvester Market Size in Japan

The Japanese combine harvester market rose modestly to $X in 2022, increasing by 2.9% against the previous year. Overall, consumption, however, continues to indicate a noticeable decline. Combine harvester consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Combine Harvester Production in Japan

In value terms, combine harvester production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by 36% against the previous year. Combine harvester production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Combine Harvester Exports

Exports from Japan

In 2022, overseas shipments of combine harvester-threshers decreased by -19.6% to X units, falling for the second consecutive year after three years of growth. Over the period under review, total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -34.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 49%. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, combine harvester exports dropped dramatically to $X in 2022. Overall, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 with an increase of 41% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea (X units) was the main destination for combine harvester exports from Japan, accounting for a 79% share of total exports. Moreover, combine harvester exports to South Korea exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), more than tenfold. China (X units) ranked third in terms of total exports with a 2.9% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea totaled +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-12.4% per year) and China (-15.1% per year).

In value terms, South Korea ($X) remains the key foreign market for combine harvester-threshers exports from Japan, comprising 84% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 7.1% share of total exports. It was followed by China, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea amounted to +13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-9.0% per year) and China (-11.9% per year).

Export Prices by Country

In 2022, the average combine harvester export price amounted to $X per unit, surging by 4% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2017 an increase of 16% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to the Netherlands ($X 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 Pakistan (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Combine Harvester Imports

Imports into Japan

In 2022, purchases abroad of combine harvester-threshers increased by 6.1% to X units, rising for the fourth year in a row after two years of decline. Overall, imports saw tangible growth. The pace of growth was the most pronounced in 2016 with an increase of 98% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, combine harvester imports expanded remarkably to $X in 2022. Over the period under review, imports showed pronounced growth. The growth pace was the most rapid in 2014 when imports increased by 88%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), Belgium (X units) and China (X units) were the main suppliers of combine harvester imports to Japan, together accounting for 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +15.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and China ($X) constituted the largest combine harvester suppliers to Japan, together accounting for 85% of total imports.

China, with a CAGR of +16.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average combine harvester import price amounted to $X per unit, surging by 7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2018 an increase of 23%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per unit) and Belgium ($X per unit), while the price for China ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :