Japan: Machine-Tool For Drilling Market 2025

Machine-Tool For Drilling Market Size in Japan

The Japanese machine-tool for drilling market fell modestly to $X in 2022, which is down by -4.3% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Machine-Tool For Drilling Production in Japan

In value terms, machine-tool for drilling production contracted to $X in 2022 estimated in export price. Overall, production faced a abrupt downturn. The growth pace was the most rapid in 2015 when the production volume increased by 7.2%. Machine-tool for drilling production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Machine-Tool For Drilling Exports

Exports from Japan

In 2022, the amount of machine-tools for drilling, boring or milling metal exported from Japan reduced to X units, waning by -8.3% against the year before. Overall, exports saw a drastic downturn. The pace of growth was the most pronounced in 2019 when exports increased by 48% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, machine-tool for drilling exports expanded to $X in 2022. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 21%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X units), Thailand (X units) and the United States (X units) were the main destinations of machine-tool for drilling exports from Japan, with a combined 56% share of total exports. South Korea, Singapore, Taiwan (Chinese), China, Pakistan, the Philippines, the UK, Canada, India and Indonesia lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +34.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machine-tool for drilling exported from Japan were China ($X), the United States ($X) and Thailand ($X), together accounting for 59% of total exports. South Korea, Vietnam, Taiwan (Chinese), India, the Philippines, Indonesia, Pakistan, the UK, Singapore and Canada lagged somewhat behind, together accounting for a further 31%.

Pakistan, with a CAGR of -2.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average machine-tool for drilling export price amounted to $X per unit, rising by 14% against the previous year. Overall, the export price, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 54%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Canada ($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 China (+4.1%), while the prices for the other major destinations experienced a decline.

Machine-Tool For Drilling Imports

Imports into Japan

After two years of growth, overseas purchases of machine-tools for drilling, boring or milling metal decreased by -25.6% to X units in 2022. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 51% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then fell significantly in the following year.

In value terms, machine-tool for drilling imports contracted significantly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 172%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Korea (X units), China (X units) and Germany (X units) were the main suppliers of machine-tool for drilling imports to Japan, with a combined 47% share of total imports. The United States, Taiwan (Chinese), Finland and Switzerland lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +43.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and South Korea ($X) were the largest machine-tool for drilling suppliers to Japan, together comprising 69% of total imports. Switzerland, Finland, the United States, Germany and Thailand lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, Finland, with a CAGR of +34.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average machine-tool for drilling import price stood at $X per unit in 2022, surging by 11% against the previous year. Over the period under review, the import price, however, showed a deep downturn. The pace of growth was the most pronounced in 2013 an increase of 116%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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