Japan: Seeder And Planter Market 2024

Seeder And Planter Market Size in Japan

The Japanese seeder and planter market expanded significantly to $X in 2021, growing by 8.6% against the previous year. In general, consumption saw buoyant growth. Seeder and planter consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Seeder And Planter Production in Japan

In value terms, seeder and planter production fell slightly to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced decline. The pace of growth was the most pronounced in 2016 with an increase of 24%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Seeder And Planter Exports

Exports from Japan

In 2016, shipments abroad of seeders, planters, transplanters increased by 76% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, seeder and planter exports soared to $X in 2016. Overall, exports, however, recorded a mild decline. The exports peaked at $X in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

Exports by Country

China (X units), South Korea (X units) and Taiwan (Chinese) (X units) were the main destinations of seeder and planter exports from Japan, with a combined 99% share of total exports.

From 2012 to 2016, the biggest increases were recorded for South Korea (with a CAGR of +14.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for seeder and planter exported from Japan were South Korea ($X), China ($X) and Taiwan (Chinese) ($X), together comprising 99% of total exports.

South Korea, with a CAGR of +9.8%, saw 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

In 2016, the average seeder and planter export price amounted to $X per unit, surging by 7% against the previous year. Over the period under review, the export price, however, showed a perceptible slump. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2016, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to China (-3.2%), while the prices for the other major destinations experienced a decline.

Seeder And Planter Imports

Imports into Japan

In 2016, overseas purchases of seeders, planters, transplanters were finally on the rise to reach X units after two years of decline. The total import volume increased at an average annual rate of +7.1% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 44% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2016, the growth of imports failed to regain momentum.

In value terms, seeder and planter imports soared to $X in 2016. Overall, total imports indicated buoyant growth from 2012 to 2016: its value increased at an average annual rate of +6.7% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports decreased by -11.8% against 2013 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 47%. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports remained at a lower figure.

Imports by Country

South Korea (X units), the United States (X units) and Italy (X units) were the main suppliers of seeder and planter imports to Japan, together comprising 50% of total imports. Germany, France, Finland, Poland and China lagged somewhat behind, together comprising a further 42%.

From 2012 to 2016, the biggest increases were recorded for Germany (with a CAGR of +36.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the United States ($X) and Germany ($X) were the largest seeder and planter suppliers to Japan, with a combined 52% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +35.0%, saw the highest rates of growth with regard to 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 seeder and planter import price stood at $X per unit in 2016, surging by 5.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per unit in 2014; however, from 2015 to 2016, 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 South Korea ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Poland (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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