Report Update Nov 1, 2024

Japan - Hollow Drill Bars and Rods - Market Analysis, Forecast, Size, Trends and Insights

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Japan: Hollow Drill Bar Market 2024

Hollow Drill Bar Market Size in Japan

The Japanese hollow drill bar market shrank sharply to $X in 2021, falling by -80.3% against the previous year. Over the period under review, consumption faced a sharp decline. Hollow drill bar consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Hollow Drill Bar Production in Japan

In value terms, hollow drill bar production totaled $X in 2021 estimated in export price. Overall, production, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by 7.5% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Hollow Drill Bar Exports

Exports from Japan

In 2021, the amount of hollow drill bars and rods exported from Japan skyrocketed to X tons, surging by 30% compared with the year before. Overall, exports enjoyed a resilient increase. The growth pace was the most rapid in 2014 with an increase of 131%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, hollow drill bar exports surged to $X in 2021. In general, exports posted a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of 155%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

South Korea (X tons) was the main destination for hollow drill bar exports from Japan, with a 83% share of total exports. Moreover, hollow drill bar exports to South Korea exceeded the volume sent to the second major destination, Thailand (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to South Korea amounted to +36.9%.

In value terms, South Korea ($X) remains the key foreign market for hollow drill bars and rods exports from Japan, comprising 83% of total exports. The second position in the ranking was held by Thailand ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to South Korea amounted to +33.6%.

Export Prices by Country

The average hollow drill bar export price stood at $X per ton in 2021, with an increase of 6.7% against the previous year. Overall, the export price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 14%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to South Korea stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-1.6%), while the prices for the other major destinations experienced a decline.

Hollow Drill Bar Imports

Imports into Japan

Hollow drill bar imports into Japan dropped to X tons in 2021, shrinking by -11.3% on 2020 figures. Overall, imports saw a slight decline. The growth pace was the most rapid in 2014 when imports increased by 343%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, hollow drill bar imports dropped significantly to $X in 2021. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 54%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of hollow drill bar to Japan, accounting for a 74% share of total imports. Moreover, hollow drill bar imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Sweden (X tons) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+93.5% per year) and Sweden (-13.2% per year).

In value terms, France ($X) constituted the largest supplier of hollow drill bars and rods to Japan, comprising 88% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by Sweden, with a 0.9% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to -8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+48.6% per year) and Sweden (-11.5% per year).

Import Prices by Country

The average hollow drill bar import price stood at $X per ton in 2021, dropping by -6.6% against the previous year. Over the period under review, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 228%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hollow drill bars and rods in the world?

The country with the largest volume of hollow drill bar consumption was China, accounting for 30% of total volume. Moreover, hollow drill bar consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. The third position in this ranking was occupied by Japan, with a 6.4% share.

What are the largest producers of hollow drill bars and rods in the world?

The country with the largest volume of hollow drill bar production was China, comprising approx. 50% of total volume. Moreover, hollow drill bar production in China exceeded the figures recorded by the second-largest producer, Sweden, threefold. The third position in this ranking was occupied by Japan, with a 14% share.

What are the leading suppliers of hollow drill bars and rods to Japan?

In value terms, France constituted the largest supplier of hollow drill bar to Japan, comprising 88% of total imports. The second position in the ranking was occupied by Germany, with an 11% share of total imports.

What are the leading importers of hollow drill bars and rods from Japan?

In value terms, South Korea remains the key foreign market for hollow drill bar exports from Japan, comprising 84% of total exports. The second position in the ranking was occupied by Thailand, with a 16% share of total exports.

What is the average export price for hollow drill bars and rods in Japan?

The average hollow drill bar export price stood at $2,990 per ton in 2021, surging by 6.7% against the previous year.

What is the average import price for hollow drill bars and rods in Japan?

The average hollow drill bar import price stood at $59,126 per ton in 2021, growing by 39% against the previous year.

This report provides an in-depth analysis of the hollow drill bar 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 24106700 - Hollow drill bars and rods

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023