Japan: Measuring Instrument Market 2024

Measuring Instrument Market Size in Japan

The Japanese measuring instrument market declined modestly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Measuring instrument consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Measuring Instrument Production in Japan

In value terms, measuring instrument production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Measuring instrument production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Measuring Instrument Exports

Exports from Japan

In 2022, measuring instrument exports from Japan dropped to X units, with a decrease of X% against the previous year's figure. Over the period under review, exports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, measuring instrument exports reduced to $X in 2022. In general, total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2021, and then shrank slightly in the following year.

Exports by Country

China (X units), South Korea (X units) and Taiwan (Chinese) (X units) were the main destinations of measuring instrument exports from Japan, together accounting for X% of total exports. The United States, the Czech Republic, Thailand, Indonesia, Singapore, South Africa, the Philippines, the Netherlands, Saudi Arabia and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for measuring instrument exported from Japan were China ($X), the United States ($X) and South Korea ($X), with a combined X% share of total exports. Taiwan (Chinese), Singapore, the Netherlands, the Czech Republic, Thailand, Indonesia, the Philippines, Saudi Arabia, India and South Africa lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average measuring instrument export price amounted to $X per unit, increasing by X% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, measuring instrument export price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to South Africa ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Measuring Instrument Imports

Imports into Japan

In 2022, supplies from abroad of instruments and apparatus for measuring or checking the flow or level of liquids increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, measuring instrument imports shrank rapidly to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

China (X units), Thailand (X units) and Taiwan (Chinese) (X units) were the main suppliers of measuring instrument imports to Japan, together comprising X% of total imports.

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

In value terms, China ($X), Thailand ($X) and the United States ($X) appeared to be the largest measuring instrument suppliers to Japan, with a combined X% share of total imports.

In terms of the main suppliers, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 measuring instrument import price amounted to $X per unit, declining by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2021, and then fell sharply in the following year.

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

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

Source: IndexBox Platform

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