Report Update Nov 1, 2024

Japan - Ploughs for Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights

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Japan: Plough Market 2024

Plough Exports

Exports from Japan

For the third consecutive year, Japan recorded decline in shipments abroad of ploughs for agricultural purposes, which decreased by -34.4% to X units in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 524%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, plough exports declined dramatically to $X in 2022. Overall, exports, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 227% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Lithuania (X units), Vietnam (X units) and Taiwan (Chinese) (X units) were the main destinations of plough exports from Japan, with a combined 76% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +41.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) emerged as the key foreign market for ploughs for agricultural purposes exports from Japan, comprising 50% of total exports. The second position in the ranking was taken by Egypt ($X), with a 12% share of total exports. It was followed by Lithuania, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Taiwan (Chinese) stood at +15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+6.3% per year) and Lithuania (+21.2% per year).

Export Prices by Country

The average plough export price stood at $X per unit in 2022, with a decrease of -60.5% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 113% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to Lithuania ($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 Bhutan (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Plough Imports

Imports into Japan

In 2022, overseas purchases of ploughs for agricultural purposes decreased by -21.1% to X units, falling for the third consecutive year after four years of growth. Over the period under review, imports, however, continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2018 with an increase of 92% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, plough imports contracted to $X in 2022. In general, imports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2018 with an increase of 87% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), France (X units) and Germany (X units) were the main suppliers of plough imports to Japan, together accounting for 67% of total imports. Norway, Sweden, Romania and Poland lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +75.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plough suppliers to Japan were Germany ($X), France ($X) and Turkey ($X), together accounting for 55% of total imports. These countries were followed by Norway, Sweden, Romania and Poland, which together accounted for a further 34%.

Romania, with a CAGR of +51.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plough import price amounted to $X per unit, growing by 8.1% against the previous year. In general, the import price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2013 an increase of 18% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ploughs for agricultural purposes in the world?

Nigeria constituted the country with the largest volume of plough consumption, accounting for 35% of total volume. Moreover, plough consumption in Nigeria exceeded the figures recorded by the second-largest consumer, the United States, sixfold. The third position in this ranking was occupied by Norway, with a 5% share.

What are the largest producers of ploughs for agricultural purposes in the world?

The countries with the highest volumes of plough production in 2021 were France, Norway and Germany, with a combined 39% share of global production. China, Turkey, the United States, South Africa, the Czech Republic, Italy, Brazil, Thailand and Zimbabwe lagged somewhat behind, together accounting for a further 50%.

What are the leading suppliers of ploughs for agricultural purposes to Japan?

In value terms, the largest plough suppliers to Japan were Germany, Turkey and France, together accounting for 65% of total imports.

What are the leading importers of ploughs for agricultural purposes from Japan?

In value terms, the largest markets for plough exported from Japan were Bhutan, Taiwan Chinese) and Lithuania, with a combined 93% share of total exports.

What is the average export price for ploughs for agricultural purposes in Japan?

In 2021, the average plough export price amounted to $1,080 per unit, growing by 20% against the previous year.

What is the average import price for ploughs for agricultural purposes in Japan?

The average plough import price stood at $1,449 per unit in 2021, increasing by 3.5% against the previous year.

This report provides an in-depth analysis of the plough market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28303130 -
Prodcom 28303150 -

Country coverage:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023