Japan - Equipment For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Japan - Equipment For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Internal Combustion Engine Equipment in Japan - 2023

Contents:

  1. Price for Internal Combustion Engine Equipment in Japan (FOB) - 2023
  2. Price for Internal Combustion Engine Equipment in Japan (CIF) - 2023
  3. Exports of Internal Combustion Engine Equipment in Japan
  4. Imports of Internal Combustion Engine Equipment in Japan

Price for Internal Combustion Engine Equipment in Japan (FOB) - 2023

The average internal combustion engine equipment export price stood at $36.1 per unit in September 2023, with an increase of 7% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 11% month-to-month. The export price peaked at $36.4 per unit in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($48.8 per unit), while the average price for exports to the United Arab Emirates ($10.3 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Internal Combustion Engine Equipment in Japan (CIF) - 2023

The average internal combustion engine equipment import price stood at $32.1 per unit in September 2023, increasing by 1.5% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 43% month-to-month. Over the period under review, average import prices attained the peak figure at $40.5 per unit in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($117 per unit), while the price for the Philippines ($4.9 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Internal Combustion Engine Equipment in Japan

Internal combustion engine equipment exports from Japan declined to 14M units in 2022, which is down by -14.6% against the year before. In general, exports continue to indicate a sharp decrease. Over the period under review, the exports reached the peak figure at 36M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, internal combustion engine equipment exports dropped to $102M in 2022. Overall, exports saw a dramatic decrease. The exports peaked at $232M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Internal Combustion Engine Equipment in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand36.724.234.532.8-3.7%
Germany36.125.631.927.4-8.8%
United States67.538.812.19.6-47.8%
South Korea3.27.75.64.29.5%
India3.53.95.73.82.8%
Austria3.33.44.03.62.9%
United Kingdom31.111.74.63.1-53.6%
Argentina1.91.42.12.48.1%
China13.74.30.71.2-55.6%
Indonesia7.54.31.70.8-52.6%
Netherlands9.83.50.20.3-68.7%
Others17.511.814.612.8-9.9%
Total232140118102-24.0%

Top Export Markets for Internal Combustion Engine Equipment from Japan in 2022:

  1. Netherlands (undefinedM units)
  2. Thailand (4.6M units)
  3. Germany (3.8M units)
  4. United States (1.3M units)
  5. South Korea (0.6M units)
  6. India (0.5M units)
  7. Austria (0.5M units)
  8. United Kingdom (0.4M units)
  9. Argentina (0.3M units)
  10. China (0.2M units)
  11. Indonesia (0.1M units)

Imports of Internal Combustion Engine Equipment in Japan

In 2022, the amount of equipment for internal combustion engines imported into Japan skyrocketed to 2.9M units, rising by 66% compared with the previous year's figure. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, internal combustion engine equipment imports amounted to $15M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Internal Combustion Engine Equipment in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.84.73.36.39.5%
China3.92.94.44.33.3%
Thailand1.61.91.81.2-9.1%
Germany1.41.01.31.1-7.7%
Slovenia0.20.30.50.535.7%
PolandN/AN/A0.80.4-50.0%
Others1.20.81.40.9-9.1%
Total13.211.613.414.83.9%

Top Suppliers of Internal Combustion Engine Equipment to Japan in 2022:

  1. United States (1266.4K units)
  2. China (827.9K units)
  3. Germany (246.7K units)
  4. Thailand (205.8K units)
  5. Slovenia (91.5K units)
  6. Poland (78.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for internal combustion engine equipment in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29312270 - Equipment, n.e.c., for internal combustion engines

Country coverage:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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