Japan: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Japan

After two years of growth, the Japanese market for electric generating sets and rotary converters decreased by -X% to $X in 2020. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2017 to 2020, the growth of the market failed to regain the momentum.

Production of Electric Generating Sets And Rotary Converters in Japan

In value terms, production of electric generating sets and rotary converters amounted to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a mild increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% y-o-y. Production peaked in 2020 and is likely to continue growth in the immediate term.

Exports of Electric Generating Sets And Rotary Converters

Exports from Japan

In 2020, overseas shipments of electric generating sets and rotary converters decreased by -X% to X units, falling for the seventh consecutive year after three years of growth. Over the period under review, exports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of X units. from 2014 to 2020, the growth of exports remained at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters rose markedly to $X in 2020. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X units), Indonesia (X units) and South Korea (X units) were the main destinations of exports of electric generating sets and rotary converters from Japan.

From 2007 to 2020, the biggest increases were in Egypt, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric generating set and rotary converter exported from Japan were China ($X), Taiwan (Chinese) ($X) and the U.S. ($X terms of the main countries of destination, Egypt recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for electric generating sets and rotary converters stood at $X per unit in 2020, increasing by X% against the previous year. In general, the export price enjoyed a pronounced expansion. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was China ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into Japan

In 2020, imports of electric generating sets and rotary converters into Japan fell rapidly to X units, reducing by -X% compared with the previous year. Over the period under review, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. As a result, imports attained the peak of X units. from 2018 to 2020, the growth of imports failed to regain the momentum.

In value terms, imports of electric generating sets and rotary converters contracted remarkably to $X in 2020. In general, imports enjoyed a moderate increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then fell rapidly in the following year.

Imports by Country

In 2020, China (X units) was the main electric generating set and rotary converter supplier to Japan, with a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was occupied by Thailand (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Thailand (+X% per year).

In value terms, Germany ($X), China ($X) and the U.S. ($X) appeared to be the largest electric generating set and rotary converter suppliers to Japan.

Thailand (+X% per year) saw the highest rates of growth with regard to 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 import price for electric generating sets and rotary converters stood at $X per unit in 2020, stabilizing at the previous year. In general, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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