Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan - 2024

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan (FOB) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan (CIF) - 2022
  3. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan
  4. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan (FOB) - 2022

The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.2 per unit in 2022, reducing by -7.7% against the previous year. Overall, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 9.1% against the previous year. Over the period under review, the average export prices attained the peak figure at $0.2 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($0.4 per unit), while the average price for exports to the Philippines ($0.1 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 (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan (CIF) - 2022

In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.2 per unit, with an increase of 1.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 8% against the previous year. Over the period under review, average import prices reached the peak figure at $0.2 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($0.4 per unit), while the price for Thailand ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan

Exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Japan declined slightly to 24B units in 2022, with a decrease of -4.8% against 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. As a result, the exports reached the peak of 25B units, and then shrank in the following year.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment declined to $3.9B in 2022. Overall, exports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 9.8%. As a result, the exports attained the peak of $4.5B, and then contracted in the following year.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1981,3021,4181,2722.0%
Hong Kong SAR834628689492-16.1%
Vietnam520488408387-9.4%
United States350285344328-2.1%
Thailand2542553032661.6%
Philippines173152189168-1.0%
Indonesia148108135123-6.0%
Mexico125106131122-0.8%
India65.571.792.711520.6%
South Korea187160144112-15.7%
Singapore10598.498.483.8-7.2%
Malaysia49.043.658.258.66.1%
Others4183964824220.3%
Total4,4264,0914,4933,949-3.7%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Japan in 2022:

  1. China (6.7B units)
  2. Vietnam (2.7B units)
  3. Philippines (1.9B units)
  4. Thailand (1.8B units)
  5. United States (1.6B units)
  6. Indonesia (1.3B units)
  7. India (1.2B units)
  8. Mexico (1.2B units)
  9. Hong Kong SAR (1.1B units)
  10. South Korea (0.6B units)
  11. Singapore (0.5B units)
  12. Malaysia (0.4B units)

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan

Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Japan rose modestly to 11B units in 2022, surging by 3.8% against 2021 figures. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded rapidly to $1.7B in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China60362782583411.4%
Malaysia1201211411558.9%
Taiwan (Chinese)54.962.695.210925.7%
Vietnam67.966.881.590.910.2%
United States87.573.784.489.60.8%
Indonesia34.848.456.275.829.6%
Thailand51.850.860.162.36.3%
South Korea42.643.555.959.611.8%
Philippines48.450.361.959.16.9%
Germany45.640.448.949.02.4%
Others10091.01091226.9%
Total1,2571,2751,6191,70610.7%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Japan in 2022:

  1. China (5.9B units)
  2. Malaysia (1.0B units)
  3. Thailand (0.8B units)
  4. Taiwan (Chinese) (0.5B units)
  5. Indonesia (0.5B units)
  6. Vietnam (0.5B units)
  7. South Korea (0.5B units)
  8. Philippines (0.4B units)
  9. United States (0.2B units)
  10. Germany (0.2B units)

Source: IndexBox Market Intelligence Platform

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