Japan: Transmission Apparatus Market 2025

Transmission Apparatus Market Size in Japan

In 2021, the Japanese transmission apparatus market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Transmission apparatus consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Transmission Apparatus Exports

Exports from Japan

After two years of decline, overseas shipments of transmission apparatus incorporating reception apparatus increased by 4.7% to X tons in 2021. Overall, exports recorded a remarkable increase. The growth pace was the most rapid in 2017 when exports increased by 218% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, transmission apparatus exports rose significantly to $X in 2021. In general, exports showed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 457%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for transmission apparatus exports from Japan, with a 70% share of total exports. Moreover, transmission apparatus exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. The third position in this ranking was taken by Hong Kong SAR (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+10.8% per year) and Hong Kong SAR (-1.0% per year).

In value terms, the United States ($X) remains the key foreign market for transmission apparatus incorporating reception apparatus exports from Japan, comprising 85% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 10% share of total exports. It was followed by the United Arab Emirates, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +42.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-0.4% per year) and the United Arab Emirates (-0.8% per year).

Export Prices by Country

The average transmission apparatus export price stood at $X per ton in 2021, growing by 2% against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 75%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to the United Arab Emirates ($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 Vietnam (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Japan

After three years of decline, supplies from abroad of transmission apparatus incorporating reception apparatus increased by 8.3% to X tons in 2021. Overall, imports, however, showed a slight downturn. The pace of growth was the most pronounced in 2016 with an increase of 18% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, transmission apparatus imports surged to $X in 2021. The total import value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest transmission apparatus supplier to Japan, with a 89% share of total imports. Moreover, transmission apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The third position in this ranking was taken by Thailand (X tons), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+83.2% per year) and Thailand (+117.5% per year).

In value terms, China ($X) constituted the largest supplier of transmission apparatus incorporating reception apparatus to Japan, comprising 89% of total imports. The second position in the ranking was held by Vietnam ($X), with a 5.6% share of total imports. It was followed by Thailand, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+91.1% per year) and Thailand (+127.2% per year).

Import Prices by Country

The average transmission apparatus import price stood at $X per ton in 2021, picking up by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The growth pace was the most rapid in 2014 when the average import price increased by 27% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Thailand ($X per ton) and China ($X per ton), while the price for South Korea ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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