Japan: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Japan

The Japanese metal sawing machine market contracted notably to $X in 2021, with a decrease of -28.5% against the previous year. Overall, consumption, however, showed a slight expansion. Over the period under review, the market attained the peak level at $X in 2020, and then contracted notably in the following year.

Metal Sawing Machine Production in Japan

In value terms, metal sawing machine production contracted to $X in 2021 estimated in export price. Over the period under review, production saw a mild descent. The most prominent rate of growth was recorded in 2018 with an increase of 49% against the previous year. Metal sawing machine production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Metal Sawing Machine Exports

Exports from Japan

In 2021, shipments abroad of sawing or cutting-off machines for working metal was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a noticeable decline. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal sawing machine exports contracted to $X in 2021. Overall, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 24%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X units), Vietnam (X units) and the United States (X units) were the main destinations of metal sawing machine exports from Japan, together accounting for 55% of total exports. These countries were followed by Taiwan (Chinese), Thailand, Belgium, China, Germany, the Philippines, Indonesia and India, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +101.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for sawing or cutting-off machines for working metal exports from Japan, comprising 25% of total exports. The second position in the ranking was taken by South Korea ($X), with an 11% share of total exports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-4.2% per year) and China (-11.9% per year).

Export Prices by Country

The average metal sawing machine export price stood at $X per unit in 2021, which is down by -19.6% against the previous year. In general, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 29% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Vietnam ($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 Indonesia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Sawing Machine Imports

Imports into Japan

In 2021, the amount of sawing or cutting-off machines for working metal imported into Japan fell to X units, shrinking by -9.4% on the year before. In general, imports saw a mild decline. The pace of growth appeared the most rapid in 2014 when imports increased by 12% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, metal sawing machine imports declined notably to $X in 2021. Over the period under review, imports saw a pronounced descent. The pace of growth was the most pronounced in 2014 with an increase of 19% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal sawing machine to Japan, with a 60% share of total imports. Moreover, metal sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. Germany (X units) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+2.1% per year) and Germany (+5.9% per year).

In value terms, China ($X), Taiwan (Chinese) ($X) and Germany ($X) appeared to be the largest metal sawing machine suppliers to Japan, with a combined 74% share of total imports.

Among the main suppliers, Germany, with a CAGR of +8.4%, saw 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

In 2021, the average metal sawing machine import price amounted to $X per unit, waning by -17.3% against the previous year. In general, the import price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2020 when the average import price increased by 25% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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