Japan: Market for Snow-Ploughs And Snow-Blowers 2024

Market Size for Snow-Ploughs And Snow-Blowers in Japan

The Japanese snow ploughs and blowers market shrank modestly to $X in 2022, waning by -2.4% against the previous year. Overall, consumption saw a pronounced descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Snow-Ploughs And Snow-Blowers in Japan

In value terms, snow ploughs and blowers production reduced slightly to $X in 2022 estimated in export price. In general, production recorded a noticeable reduction. The pace of growth appeared the most rapid in 2013 with an increase of 51% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Snow-Ploughs And Snow-Blowers

Exports from Japan

In 2022, overseas shipments of snow-ploughs and snow-blowers decreased by -8.5% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, exports faced a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 83%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, snow ploughs and blowers exports contracted to $X in 2022. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 83% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X units), Canada (X units) and Germany (X units) were the main destinations of snow ploughs and blowers exports from Japan, together accounting for 55% of total exports. Norway, Belgium, the United States, Switzerland, Austria and Russia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +28.3%), while the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Canada ($X) and Germany ($X) constituted the largest markets for snow ploughs and blowers exported from Japan worldwide, together accounting for 55% of total exports. Norway, Belgium, the United States, Switzerland, Austria and Russia lagged somewhat behind, together accounting for a further 40%.

In terms of the main countries of destination, Austria, with a CAGR of +23.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average snow ploughs and blowers export price stood at $X per unit in 2022, approximately reflecting the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per unit) and Belgium ($X per unit), while the average price for exports to Germany ($X per unit) and Canada ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Snow-Ploughs And Snow-Blowers

Imports into Japan

In 2022, supplies from abroad of snow-ploughs and snow-blowers increased by 133% to X units, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2014 when imports increased by 185% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, snow ploughs and blowers imports soared to $X in 2022. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2014 when imports increased by 199% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of snow ploughs and blowers to Japan, with a 75% share of total imports. Moreover, snow ploughs and blowers imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. The third position in this ranking was taken by Canada (X units), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+8.9% per year) and Canada (+52.6% per year).

In value terms, China ($X) constituted the largest supplier of snow-ploughs and snow-blowers to Japan, comprising 75% of total imports. The second position in the ranking was taken by the United States ($X), with a 9.3% share of total imports. It was followed by Canada, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.5% per year) and Canada (+63.3% per year).

Import Prices by Country

In 2022, the average snow ploughs and blowers import price amounted to $X per unit, falling by -30.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 4.8%. The import price peaked at $X per unit in 2021, and then declined remarkably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and China ($X per unit), while the price for Poland ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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