Japan: Test Bench Market 2025

Test Bench Market Size in Japan

The Japanese test bench market soared to $X in 2022, surging by 18% against the previous year. Over the period under review, consumption enjoyed temperate growth. Test bench consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Test Bench Production in Japan

In value terms, test bench production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate pronounced growth. The growth pace was the most rapid in 2016 when the production volume increased by 102%. Test bench production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Test Bench Exports

Exports from Japan

In 2022, shipments abroad of test benches decreased by -15.6% to X units, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of 50%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, test bench exports dropped notably to $X in 2022. In general, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by 32%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), South Korea (X units) and India (X units) were the main destinations of test bench exports from Japan, together accounting for 75% of total exports. The United States, Indonesia, France, the Philippines, Thailand and Malaysia lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +29.1%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and South Korea ($X) constituted the largest markets for test bench exported from Japan worldwide, together comprising 76% of total exports. India, Indonesia, the Philippines, France, Thailand and Malaysia lagged somewhat behind, together accounting for a further 19%.

France, with a CAGR of +109.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average test bench export price stood at $X per unit in 2022, shrinking by -16.3% against the previous year. In general, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 36%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Malaysia ($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 the United States (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

Test Bench Imports

Imports into Japan

In 2022, after two years of decline, there was significant growth in overseas purchases of test benches, when their volume increased by 38% to X units. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of 86% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, test bench imports expanded significantly to $X in 2022. Overall, imports showed notable growth. The most prominent rate of growth was recorded in 2014 when imports increased by 135% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), the Czech Republic (X units) and Austria (X units) were the main suppliers of test bench imports to Japan, with a combined 74% share of total imports. The United States, the UK, Italy and Mexico lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +72.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Austria ($X) constituted the largest test bench suppliers to Japan, together comprising 79% of total imports. The Czech Republic, Italy, the UK and Mexico lagged somewhat behind, together comprising a further 15%.

Mexico, with a CAGR of +25.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average test bench import price amounted to $X per unit, dropping by -20.2% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 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 the United States ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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