Japan: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Japan

In 2021, the Japanese horizontal machining centre market decreased by -93.1% to $X, falling for the second year in a row after two years of growth. In general, consumption showed a sharp shrinkage. Horizontal machining centre consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Horizontal Machining Centre Production in Japan

In value terms, horizontal machining centre production expanded sharply to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 54% against the previous year. Horizontal machining centre production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Horizontal Machining Centre Exports

Exports from Japan

In 2021, shipments abroad of horizontal machining centres for working metal increased by 57% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a abrupt descent. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, horizontal machining centre exports skyrocketed to $X in 2021. Overall, exports, however, showed a abrupt setback. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for horizontal machining centre exports from Japan, accounting for a 42% share of total exports. Moreover, horizontal machining centre exports to China exceeded the volume sent to the second major destination, the United States (X units), twofold. India (X units) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled -8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-4.9% per year) and India (-0.8% per year).

In value terms, China ($X) remains the key foreign market for horizontal machining centres for working metal exports from Japan, comprising 42% of total exports. The second position in the ranking was taken by the United States ($X), with a 20% share of total exports. It was followed by India, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value to China stood at -8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-5.6% per year) and India (-1.5% per year).

Export Prices by Country

The average horizontal machining centre export price stood at $X per unit in 2021, shrinking by -8.1% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 33%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($X per unit) and Turkey ($X per unit), while the average price for exports to China ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-0.7%), while the prices for the other major destinations experienced a decline.

Horizontal Machining Centre Imports

Imports into Japan

In 2021, supplies from abroad of horizontal machining centres for working metal decreased by -23.9% to X units, falling for the second consecutive year after two years of growth. Overall, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of 52% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, horizontal machining centre imports declined markedly to $X in 2021. Over the period under review, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2018 with an increase of 60%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest horizontal machining centre supplier to Japan, accounting for a 75% share of total imports. Moreover, horizontal machining centre imports from Germany exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold. Thailand (X units) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-19.2% per year) and Thailand (+4.4% per year).

In value terms, Germany ($X) constituted the largest supplier of horizontal machining centres for working metal to Japan, comprising 74% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 6.4% share of total imports. It was followed by Thailand, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-20.6% per year) and Thailand (+2.6% per year).

Import Prices by Country

In 2021, the average horizontal machining centre import price amounted to $X per unit, waning by -6.6% against the previous year. In general, the import price continues to indicate a slight decline. The pace of growth was the most pronounced in 2018 an increase of 5.3%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Singapore ($X per unit) and Poland ($X per unit), while the price for Germany ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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