Japan: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in Japan

The Japanese scrapers excavator market reduced to $X in 2022, shrinking by -9.5% against the previous year. Overall, consumption saw a deep reduction. Scrapers excavator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Scrapers Excavator Production in Japan

In value terms, scrapers excavator production contracted to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the production volume increased by 21% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Scrapers Excavator Exports

Exports from Japan

In 2022, the amount of scrapers earth moving, excavating, extracting machinery (not self-propelled) exported from Japan surged to X units, increasing by 21% against 2021 figures. In general, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 when exports increased by 35%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, scrapers excavator exports soared to $X in 2022. Over the period under review, exports, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 42%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), the Netherlands (X units) and Egypt (X units) were the main destinations of scrapers excavator exports from Japan, together accounting for 78% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +12.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for scrapers excavator exported from Japan were the United States ($X), the Netherlands ($X) and Egypt ($X), together accounting for 88% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +11.0%, 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 scrapers excavator export price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 23% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Vietnam ($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 South Korea (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Scrapers Excavator Imports

Imports into Japan

In 2022, supplies from abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled) was finally on the rise to reach X units after two years of decline. In general, imports showed strong growth. The pace of growth appeared the most rapid in 2013 with an increase of 255% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, scrapers excavator imports expanded significantly to $X in 2022. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 213%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of scrapers excavator to Japan, with a 73% share of total imports. Moreover, scrapers excavator imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. Germany (X units) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +63.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+17.8% per year) and Germany (+4.1% per year).

In value terms, the largest scrapers excavator suppliers to Japan were China ($X), Italy ($X) and Germany ($X), with a combined 88% share of total imports.

Among the main suppliers, China, with a CAGR of +45.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average scrapers excavator import price stood at $X per unit in 2022, which is down by -29% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :