Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan - 2024
Contents:
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan (FOB) - 2024
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan (CIF) - 2022
- Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan
- Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan (FOB) - 2024
The average export price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $90.4 per unit in June 2024, rising by 6.5% against the previous month. Overall, the export price, however, recorded a dramatic shrinkage. The export price peaked at $2,115 per unit in September 2023; however, from October 2023 to June 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2024, the country with the highest price was Germany ($327 per unit), while the average price for exports to China ($72.3 per unit) was amongst the lowest.
From June 2023 to June 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-14.4%), while the prices for the other major destinations experienced a decline.
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan (CIF) - 2022
The average import price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $359 per unit in 2022, with a decrease of -4.1% against the previous year. In general, the import price recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average import price decreased by -3.7% against the previous year. Over the period under review, average import prices reached the peak figure at $524 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($2.2 thousand per unit), while the price for Taiwan (Chinese) ($133 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan
Exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s from Japan surged to 77K units in 2022, with an increase of 45% against 2021. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s rose to $102M in 2022. The total export value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.1 | 39.2 | 51.0 | 56.3 | 23.2% |
| South Korea | 16.6 | 19.7 | 17.7 | 17.7 | 2.2% |
| United States | 6.7 | 6.0 | 7.6 | 8.5 | 8.3% |
| Belgium | 8.7 | 9.2 | 6.9 | 6.5 | -9.3% |
| Taiwan (Chinese) | 2.1 | 2.1 | 2.5 | 2.5 | 6.0% |
| Germany | 1.9 | 2.1 | 2.3 | 2.1 | 3.4% |
| Others | 8.4 | 8.0 | 9.7 | 8.2 | -0.8% |
| Total | 74.5 | 86.2 | 97.6 | 102 | 11.0% |
Top Export Markets for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) from Japan in 2022:
- China (47.3K units)
- South Korea (10.1K units)
- United States (4.8K units)
- Belgium (3.7K units)
- Taiwan (Chinese) (2.6K units)
- Germany (2.0K units)
Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan
For the fourth year in a row, Japan recorded growth in supplies from abroad of engines; pneumatic power engines and motors, other than linear acting (cylinders)s, which increased by 6.9% to 51K units in 2022. The total import volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s rose modestly to $18M in 2022. The total import value increased at an average annual rate of +4.8% over the period 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 2020 when imports increased by 12%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.5 | 7.0 | 6.2 | 6.8 | 1.5% |
| China | 4.2 | 4.6 | 5.4 | 6.2 | 13.9% |
| Taiwan (Chinese) | 1.3 | 1.1 | 0.9 | 0.9 | -11.5% |
| India | 0.1 | 0.1 | 0.6 | 0.7 | 91.3% |
| Germany | 0.7 | 1.2 | 0.7 | 0.7 | 0.0% |
| Italy | 0.5 | 0.7 | 1.7 | 0.6 | 6.3% |
| Others | 2.6 | 3.0 | 2.3 | 2.3 | -4.0% |
| Total | 15.8 | 17.7 | 17.7 | 18.2 | 4.8% |
Top Suppliers of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) to Japan in 2022:
- China (32.6K units)
- Taiwan (Chinese) (6.6K units)
- United States (4.1K units)
- Italy (2.3K units)
- Germany (1.4K units)
- India (0.8K units)
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