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Japan - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in Japan - 2023
Contents:
- Metal Washer Price in Japan (FOB) - 2023
- Metal Washer Price in Japan (CIF) - 2023
- Metal Washer Exports in Japan
- Metal Washer Imports in Japan
Metal Washer Price in Japan (FOB) - 2023
The average metal washer export price stood at $12,289 per ton in July 2023, approximately reflecting the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 13% against the previous month. Over the period under review, the average export prices reached the maximum at $14,692 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Mexico ($17,915 per ton), while the average price for exports to the Czech Republic ($3,998 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Washer Price in Japan (CIF) - 2023
In July 2023, the average metal washer import price amounted to $5,582 per ton, remaining constant against the previous month. Overall, import price indicated slight growth from July 2022 to July 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, metal washer import price decreased by -28.5% against April 2023 indices. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 58% month-to-month. As a result, import price attained the peak level of $7,802 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($13,513 per ton), while the price for China ($2,843 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Washer Exports in Japan
In 2022, metal washer exports from Japan reduced modestly to 18K tons, standing approx. at the previous year's figure. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 18K tons, leveling off in the following year.
In value terms, metal washer exports declined to $222M in 2022. Over the period under review, exports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. As a result, the exports reached the peak of $249M, and then fell in the following year.
Export of Metal Washer in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 72.1 | 63.1 | 75.6 | 66.3 | -2.8% |
China | 60.4 | 65.6 | 75.2 | 64.3 | 2.1% |
Thailand | 28.7 | 23.3 | 31.7 | 29.7 | 1.1% |
Indonesia | 15.0 | 7.5 | 13.7 | 15.7 | 1.5% |
Mexico | 10.2 | 8.3 | 10.5 | 8.0 | -7.8% |
Czech Republic | 4.8 | 4.3 | 4.3 | 2.6 | -18.5% |
Others | 41.2 | 33.7 | 38.1 | 35.4 | -4.9% |
Total | 232 | 206 | 249 | 222 | -1.5% |
Top Export Markets for Metal Washer from Japan in 2022:
- China (5.8K tons)
- United States (4.6K tons)
- Thailand (3.5K tons)
- Indonesia (1.7K tons)
- Czech Republic (0.6K tons)
- Mexico (0.4K tons)
Metal Washer Imports in Japan
In 2022, approx. 9.8K tons of iron or steel washers were imported into Japan; remaining relatively unchanged against the year before. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 5.5%.
In value terms, metal washer imports expanded to $52M in 2022. In general, imports saw a abrupt contraction.
Import of Metal Washer in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 28.1 | 21.1 | 23.6 | 26.3 | -2.2% |
Taiwan (Chinese) | 7.0 | 6.3 | 6.6 | 6.4 | -2.9% |
Vietnam | 2.9 | 2.8 | 3.2 | 3.2 | 3.3% |
South Korea | 2.1 | 1.6 | 1.3 | 1.3 | -14.8% |
Others | 21.0 | 16.7 | 15.2 | 14.6 | -11.4% |
Total | 61.1 | 48.5 | 49.9 | 51.8 | -5.4% |
Top Suppliers of Metal Washer to Japan in 2022:
- China (8.3K tons)
- Taiwan (Chinese) (0.8K tons)
- Vietnam (0.2K tons)
- South Korea (0.1K tons)
This report provides an in-depth analysis of the metal washer market 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 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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