Japan: Bar Draw-Bench Market 2025

Bar Draw-Bench Market Size in Japan

In 2022, the Japanese bar draw-bench market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, saw a significant expansion. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Bar Draw-Bench Production in Japan

In value terms, bar draw-bench production dropped to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Bar Draw-Bench Exports

Exports from Japan

In 2022, shipments abroad of draw-benches for bars, tubes, profiles, wire or the like increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a deep downturn. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bar draw-bench exports surged to $X in 2022. Overall, exports, however, continue to indicate a deep downturn. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia (X units), Vietnam (X units) and the United States (X units) were the main destinations of bar draw-bench exports from Japan, together comprising X% of total exports. China, the Philippines, Malaysia, Thailand, South Korea, Taiwan (Chinese) and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bar draw-bench exported from Japan were Vietnam ($X), the Philippines ($X) and Indonesia ($X), together comprising X% of total exports.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bar draw-bench export price amounted to $X per unit, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Taiwan (Chinese) ($X per unit), while the average price for exports to India ($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 Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bar Draw-Bench Imports

Imports into Japan

In 2022, the amount of draw-benches for bars, tubes, profiles, wire or the like imported into Japan surged to X units, rising by X% compared with 2021 figures. Over the period under review, imports, however, recorded a mild curtailment. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, bar draw-bench imports surged to $X in 2022. In general, imports, however, continue to indicate a pronounced curtailment. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest bar draw-bench supplier to Japan, accounting for a X% share of total imports. Moreover, bar draw-bench imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the United States (X% per year).

In value terms, the largest bar draw-bench suppliers to Japan were China ($X), Italy ($X) and the United States ($X), with a combined X% share of total imports.

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

Import Prices by Country

The average bar draw-bench import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a 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 the United States ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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