Japan: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Japan

For the sixth consecutive year, the Japanese mobile lifting frame market recorded decline in sales value, which decreased by -1% to $X in 2021. In general, consumption, however, saw a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Mobile Lifting Frame Production in Japan

In value terms, mobile lifting frame production contracted to $X in 2021 estimated in export price. Overall, production showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 when the production volume increased by 27%. Mobile lifting frame production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Mobile Lifting Frame Exports

Exports from Japan

In 2021, approx. X units of mobile lifting frames on tyres and straddle carriers were exported from Japan; reducing by -10.4% on the previous year. In general, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 232%. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, mobile lifting frame exports fell to $X in 2021. Over the period under review, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 249%. Over the period under review, the exports hit record highs at $X in 2020, and then fell in the following year.

Exports by Country

Malaysia (X units), Ecuador (X units) and Vietnam (X units) were the main destinations of mobile lifting frame exports from Japan, together comprising 98% of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +12.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Ecuador ($X), Malaysia ($X) and Vietnam ($X) were the largest markets for mobile lifting frame exported from Japan worldwide, with a combined 100% share of total exports.

Malaysia, with a CAGR of +11.7%, 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 mixed trend patterns.

Export Prices by Country

The average mobile lifting frame export price stood at $X per unit in 2021, with a decrease of -2.4% against the previous year. In general, the export price, however, saw a slight expansion. The growth pace was the most rapid in 2015 an increase of 22%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then shrank in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while the average price for exports to the United Arab Emirates ($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 (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Mobile Lifting Frame Imports

Imports into Japan

In 2021, imports of mobile lifting frames on tyres and straddle carriers into Japan reduced markedly to X units, which is down by -30.6% on the year before. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by 4,534% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, mobile lifting frame imports contracted to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 4,106%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Poland (X units) was the main supplier of mobile lifting frame to Japan, with a 91% share of total imports. Moreover, mobile lifting frame imports from Poland exceeded the figures recorded by the second-largest supplier, the United States (X units), tenfold.

From 2012 to 2021, the average annual growth rate of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.5% per year) and the UK (-45.7% per year).

In value terms, Poland ($X) constituted the largest supplier of mobile lifting frames on tyres and straddle carriers to Japan, comprising 90% of total imports. The second position in the ranking was held by the United States ($X), with a 9.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.1% per year) and the UK (-33.2% per year).

Import Prices by Country

In 2021, the average mobile lifting frame import price amounted to $X per unit, growing by 29% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 162%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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 the UK ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+53.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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