Japan: Internal Combustion Engines Market 2025

Internal Combustion Engines Market Size in Japan

After six years of decline, the Japanese internal combustion engines market increased by 8% to $X in 2021. Over the period under review, consumption, however, recorded a deep slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Internal Combustion Engines Production in Japan

In value terms, internal combustion engines production expanded to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt shrinkage. Internal combustion engines production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Internal Combustion Engines Exports

Exports from Japan

In 2021, shipments abroad of motor vehicles compression-ignition internal combustion piston engines decreased by -10% to X units, falling for the third year in a row after two years of growth. In general, exports faced a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 38%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, internal combustion engines exports declined slightly to $X in 2021. Over the period under review, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 25% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand (X units), the United States (X units) and China (X units) were the main destinations of internal combustion engines exports from Japan, with a combined 63% share of total exports. Indonesia, South Korea, South Africa, France, India, Australia, the Philippines, Italy and Malaysia lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +34.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), the United States ($X) and China ($X) constituted the largest markets for internal combustion engines exported from Japan worldwide, with a combined 63% share of total exports. These countries were followed by Indonesia, South Korea, South Africa, France, India, Australia, the Philippines, Italy and Malaysia, which together accounted for a further 26%.

Among the main countries of destination, Italy, with a CAGR of +34.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average internal combustion engines export price stood at $X per unit in 2021, with an increase of 6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 37%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Australia ($X per unit) and Italy ($X per unit), while the average price for exports to Thailand ($X per unit) and the United States ($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 Italy (+0.2%), while the prices for the other major destinations experienced more modest paces of growth.

Internal Combustion Engines Imports

Imports into Japan

In 2021, purchases abroad of motor vehicles compression-ignition internal combustion piston engines was finally on the rise to reach X units after four years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 36% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, internal combustion engines imports reduced to $X in 2021. Over the period under review, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 33% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), Italy (X units) and India (X units) were the main suppliers of internal combustion engines imports to Japan, with a combined 94% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +46.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and India ($X) constituted the largest internal combustion engines suppliers to Japan, together comprising 94% of total imports.

India, with a CAGR of +38.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average internal combustion engines import price amounted to $X per unit, dropping by -9.3% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price decreased by -2.4%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were France ($X per unit) and Germany ($X per unit), while the price for India ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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