Japan: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Japan

The Japanese metal deburring machine market surged to $X in 2021, picking up by 26% against the previous year. Overall, consumption enjoyed a remarkable increase. Metal deburring machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Metal Deburring Machine Production in Japan

In value terms, metal deburring machine production surged to $X in 2021 estimated in export price. In general, production, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 53% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Metal Deburring Machine Exports

Exports from Japan

In 2021, metal deburring machine exports from Japan declined to X units, dropping by -11.4% against the year before. Over the period under review, exports saw a sharp slump. The pace of growth appeared the most rapid in 2018 with an increase of 7.2% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal deburring machine exports shrank significantly to $X in 2021. In general, exports faced a sharp downturn. The pace of growth was the most pronounced in 2018 when exports increased by 17%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for metal deburring machine exports from Japan, accounting for a 34% share of total exports. Moreover, metal deburring machine exports to China exceeded the volume sent to the second major destination, Vietnam (X units), twofold. The third position in this ranking was held by Malaysia (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled -20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-19.4% per year) and Malaysia (-7.9% per year).

In value terms, the largest markets for metal deburring machine exported from Japan were China ($X), the United States ($X) and Malaysia ($X), with a combined 58% share of total exports. Thailand, South Korea, Mexico, India, Vietnam, Indonesia, the Philippines and Taiwan (Chinese) lagged somewhat behind, together comprising a further 34%.

Mexico, with a CAGR of -5.2%, 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 a decline.

Export Prices by Country

In 2021, the average metal deburring machine export price amounted to $X per unit, waning by -11.3% against the previous year. In general, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal deburring machine export price decreased by -11.5% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 29%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per unit), while the average price for exports to Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Japan

In 2021, purchases abroad of machines for deburring or polishing metal was finally on the rise to reach X units for the first time since 2015, thus ending a five-year declining trend. Over the period under review, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2015 when imports increased by 43% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, metal deburring machine imports expanded rapidly to $X in 2021. Overall, imports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of 70% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and South Korea (X units) were the main suppliers of metal deburring machine imports to Japan, with a combined 89% share of total imports. These countries were followed by the United States, Germany, France and Switzerland, which together accounted for a further 7.3%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +34.7%), while purchases for the other leaders experienced a decline.

In value terms, Taiwan (Chinese) ($X), China ($X) and South Korea ($X) appeared to be the largest metal deburring machine suppliers to Japan, together accounting for 70% of total imports. France, the United States, Germany and Switzerland lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, France, with a CAGR of +28.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metal deburring machine import price stood at $X per unit in 2021, approximately reflecting the previous year. Over the period under review, the import price, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of 19% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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