Japan: Metal Threading Machine Market 2024

Metal Threading Machine Market Size in Japan

After four years of growth, the Japanese metal threading machine market decreased by -4.5% to $X in 2021. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Metal threading machine consumption peaked at $X in 2020, and then declined slightly in the following year.

Metal Threading Machine Production in Japan

In value terms, metal threading machine production dropped modestly to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Metal Threading Machine Exports

Exports from Japan

In 2021, after two years of decline, there was significant growth in shipments abroad of threading or tapping machines for working metal, when their volume increased by 53% to X units. Over the period under review, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 60%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal threading machine exports totaled $X in 2021. In general, exports, however, recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 48%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam (X units), Thailand (X units) and the United States (X units) were the main destinations of metal threading machine exports from Japan, together accounting for 65% of total exports. China, Taiwan (Chinese), the Netherlands, Israel, South Korea, the Philippines, Hong Kong SAR, India, Indonesia and Mexico lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +33.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal threading machine exported from Japan were China ($X), the United States ($X) and Thailand ($X), with a combined 67% share of total exports. These countries were followed by Taiwan (Chinese), the Netherlands, Vietnam, the Philippines, Israel, South Korea, India, Hong Kong SAR, Indonesia and Mexico, which together accounted for a further 25%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +35.6%, saw the highest rates of growth with regard to 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 metal threading machine export price stood at $X per unit in 2021, declining by -26% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 8.6% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Threading Machine Imports

Imports into Japan

In 2021, approx. X units of threading or tapping machines for working metal were imported into Japan; increasing by 549% compared with 2020 figures. In general, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, metal threading machine imports skyrocketed to $X in 2021. Overall, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2016 with an increase of 343%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Indonesia (X units) constituted the largest supplier of metal threading machine to Japan, accounting for a 60% share of total imports. Moreover, metal threading machine imports from Indonesia exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. Australia (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-7.3% per year) and Australia (-18.8% per year).

In value terms, Australia ($X) constituted the largest supplier of threading or tapping machines for working metal to Japan, comprising 49% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by Taiwan (Chinese), with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Australia totaled -21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+55.5% per year) and Taiwan (Chinese) (-7.7% per year).

Import Prices by Country

In 2021, the average metal threading machine import price amounted to $X per unit, which is down by -58.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 66% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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