Japan: Self-Propelled Railway Coach Market 2025

Self-Propelled Railway Coach Market Size in Japan

The Japanese self-propelled railway coach market skyrocketed to $X in 2021, increasing by 18% against the previous year. In general, consumption, however, saw a noticeable reduction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Self-Propelled Railway Coach Production in Japan

In value terms, self-propelled railway coach production totaled $X in 2021 estimated in export price. Overall, production, however, showed a noticeable downturn. Self-propelled railway coach production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Self-Propelled Railway Coach Exports

Exports from Japan

In 2021, exports of railway or tramway coaches (self-propelled) from Japan dropped remarkably to X tons, reducing by -40.8% against the year before. In general, exports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 63% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, self-propelled railway coach exports contracted notably to $X in 2021. Over the period under review, exports, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2015 with an increase of 117%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Egypt (X tons), Indonesia (X tons) and Thailand (X tons) were the main destinations of self-propelled railway coach exports from Japan, together comprising 59% of total exports. Vietnam, Myanmar, Taiwan (Chinese), Bangladesh, Qatar, Italy and the UK lagged somewhat behind, together comprising 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 Vietnam (with a CAGR of +271.1%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) remains the key foreign market for railway or tramway coaches (self-propelled) exports from Japan, comprising 34% of total exports. The second position in the ranking was held by Thailand ($X), with a 16% share of total exports. It was followed by Vietnam, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Egypt amounted to +13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+130.8% per year) and Vietnam (+292.4% per year).

Export Prices by Country

The average self-propelled railway coach export price stood at $X per ton in 2021, with an increase of 22% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 87% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average 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) ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+52.8%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Railway Coach Imports

Imports into Japan

For the fourth consecutive year, Japan recorded growth in supplies from abroad of railway or tramway coaches (self-propelled), which increased by 544% to X tons in 2021. In general, imports recorded a prominent increase. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, self-propelled railway coach imports surged to $X in 2021. Overall, imports, however, showed a noticeable slump. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

The Philippines (X tons), China (X tons) and South Korea (X tons) were the main suppliers of self-propelled railway coach imports to Japan, together comprising 88% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +19.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and Germany ($X) were the largest self-propelled railway coach suppliers to Japan, together comprising 69% of total imports.

In terms of the main suppliers, China, with a CAGR of +28.1%, recorded 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

In 2021, the average self-propelled railway coach import price amounted to $X per ton, waning by -37.2% against the previous year. Overall, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 146%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+796.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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