Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan - 2023

Contents:

  1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan (FOB) - 2023
  2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan (CIF) - 2023
  3. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan
  4. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan (FOB) - 2023

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $107K per ton in November 2023, increasing by 15% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 52% month-to-month. As a result, the export price attained the peak level of $127K per ton. From October 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Belgium ($290K per ton), while the average price for exports to Italy ($29,908 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan (CIF) - 2023

The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $68,529 per ton in November 2023, with an increase of 10% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 32% month-to-month. The import price peaked at $76,185 per ton in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($217K per ton), while the price for the Philippines ($5,185 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan

Exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses from Japan fell to 2.3K tons in 2022, dropping by -13.4% compared with 2021. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of 2.6K tons, and then declined in the following year.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses contracted to $201M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports reached the peak of $215M, and then shrank in the following year.

Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China53.558.671.359.93.8%
United States44.633.744.947.21.9%
Thailand15.89.612.211.5-10.0%
India8.23.97.49.13.5%
South Korea6.96.48.79.19.7%
Germany9.86.58.97.4-8.9%
Switzerland7.05.87.16.5-2.4%
Taiwan (Chinese)5.94.76.15.0-5.4%
Vietnam4.34.14.34.73.0%
United Kingdom4.72.54.72.5-19.0%
Italy1.60.91.92.19.5%
Netherlands9.38.16.72.0-40.1%
Romania1.21.83.21.45.3%
Others29.021.627.232.03.3%
Total202168215201-0.2%

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Japan in 2022:

  1. China (741.6 tons)
  2. United States (602.8 tons)
  3. Italy (115.9 tons)
  4. India (104.7 tons)
  5. Thailand (87.9 tons)
  6. South Korea (83.4 tons)
  7. Vietnam (73.7 tons)
  8. Romania (55.0 tons)
  9. Switzerland (50.9 tons)
  10. Germany (46.9 tons)
  11. Taiwan (Chinese) (45.1 tons)
  12. United Kingdom (38.0 tons)
  13. Netherlands (24.7 tons)

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan

In 2022, the amount of machine-tools; parts and accessories, tool holders and self-opening dieheadses imported into Japan rose notably to 1.2K tons, with an increase of 8% compared with 2021. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses dropped modestly to $78M in 2022. Overall, imports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year.

Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.911.314.616.7-0.4%
Thailand12.77.710.510.7-5.6%
China7.85.79.98.42.5%
Taiwan (Chinese)8.75.37.27.7-4.0%
Singapore6.12.85.87.15.2%
Sweden10.17.78.06.4-14.1%
South Korea7.43.74.74.7-14.0%
United States2.92.52.63.78.5%
Others17.413.015.313.1-9.0%
Total90.159.778.678.5-4.5%

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Japan in 2022:

  1. China (378.5 tons)
  2. Taiwan (Chinese) (308.6 tons)
  3. Thailand (139.8 tons)
  4. Singapore (105.4 tons)
  5. Germany (76.4 tons)
  6. United States (60.2 tons)
  7. South Korea (56.9 tons)
  8. Sweden (32.1 tons)

Source: IndexBox Market Intelligence Platform

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