Japan: Metal Treating Machine Market 2024

Metal Treating Machine Market Size in Japan

The Japanese metal treating machine market fell modestly to $X in 2023, flattening at the previous year. Overall, consumption continues to indicate a tangible expansion. Metal treating machine consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Metal Treating Machine Production in Japan

In value terms, metal treating machine production reduced to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Metal treating machine production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

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Metal Treating Machine Exports

Exports from Japan

Metal treating machine exports from Japan contracted remarkably to X units in 2023, dropping by X% against the previous year. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, metal treating machine exports declined to $X in 2023. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for metal treating machine exports from Japan, with a X% share of total exports. Moreover, metal treating machine exports to China exceeded the volume sent to the second major destination, the United States (X units), threefold. Vietnam (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Vietnam (X% per year).

In value terms, China ($X) remains the key foreign market for machines for treating metal, having individual functions exports from Japan, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Vietnam (X% per year).

Export Prices by Country

The average metal treating machine export price stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X per unit in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Treating Machine Imports

Imports into Japan

In 2023, overseas purchases of machines for treating metal, having individual functions were finally on the rise to reach X units for the first time since 2018, thus ending a four-year declining trend. Overall, imports enjoyed a noticeable increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2023, the growth of imports failed to regain momentum.

In value terms, metal treating machine imports skyrocketed to $X in 2023. In general, imports enjoyed mild growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, China (X units) constituted the largest metal treating machine supplier to Japan, accounting for a X% share of total imports. Moreover, metal treating machine imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (X units), sixfold.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of machines for treating metal, having individual functions to Japan, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and South Korea (X% per year).

Import Prices by Country

The average metal treating machine import price stood at $X per unit in 2023, rising by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2023, the average import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform