Price for Reciprocating or Rotary Internal Combustion Piston Engines in Japan - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Japan (FOB) - 2024
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Japan (CIF) - 2024
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Japan
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Japan
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Japan (FOB) - 2024
In November 2023, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $3,357 per unit, surging by 3.6% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 4.4% m-o-m. Over the period under review, the average export prices reached the peak figure at $3,386 per unit in June 2023; afterwards, it flattened through to November 2023.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Mexico ($3,716 per unit), while the average price for exports to South Korea ($2,156 per unit) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Japan (CIF) - 2024
The average import price for reciprocating or rotary internal combustion piston engineses stood at $718 per unit in November 2023, which is down by -10.7% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 42% month-to-month. As a result, import price reached the peak level of $804 per unit, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Indonesia ($2,766 per unit), while the price for China ($367 per unit) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+23.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Japan
In 2022, shipments abroad of reciprocating or rotary internal combustion piston engineses increased by 18% to 2M units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a pronounced decrease. Over the period under review, the exports of reached the peak figure at 2.3M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of reciprocating or rotary internal combustion piston engineses expanded to $5.4B in 2022. Overall, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 8.5% against the previous year. The exports peaked at $6.4B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,116 | 1,468 | 1,950 | 2,332 | 3.3% |
| China | 1,379 | 1,218 | 627 | 414 | -33.0% |
| United Arab Emirates | 195 | 194 | 248 | 254 | 9.2% |
| Canada | 132 | 107 | 147 | 213 | 17.3% |
| Mexico | 162 | 163 | 246 | 173 | 2.2% |
| United Kingdom | 114 | 32.0 | 38.5 | 172 | 14.7% |
| Thailand | 196 | 111 | 118 | 156 | -7.3% |
| Hungary | 155 | 135 | 144 | 134 | -4.7% |
| France | 206 | 105 | 96.1 | 118 | -17.0% |
| Malaysia | 131 | 98.7 | 121 | 112 | -5.1% |
| Brazil | 52.0 | 49.8 | 96.5 | 93.8 | 21.7% |
| Russia | 232 | 187 | 274 | 86.8 | -27.9% |
| South Korea | 161 | 55.9 | 67.7 | 75.6 | -22.3% |
| Others | 1,167 | 839 | 995 | 1,042 | -3.7% |
| Total | 6,398 | 4,764 | 5,170 | 5,377 | -5.6% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Japan in 2022:
- United States (743.3K units)
- China (176.3K units)
- United Arab Emirates (151.8K units)
- Thailand (75.2K units)
- Malaysia (67.9K units)
- Canada (65.9K units)
- Hungary (65.5K units)
- United Kingdom (59.0K units)
- Mexico (56.2K units)
- South Korea (53.3K units)
- Russia (46.1K units)
- Brazil (44.4K units)
- France (38.6K units)
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Japan
In 2022, the amount of reciprocating or rotary internal combustion piston engineses imported into Japan skyrocketed to 675K units, jumping by 20% against 2021. Overall, imports, however, saw a perceptible reduction. Over the period under review, imports of attained the maximum at 744K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of reciprocating or rotary internal combustion piston engineses dropped to $270M in 2022. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 5.7% against the previous year. Over the period under review, imports of attained the maximum at $490M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 103 | 38.7 | 66.5 | 80.1 | -8.0% |
| China | 184 | 54.6 | 65.7 | 66.0 | -28.9% |
| Thailand | 51.9 | 47.6 | 54.0 | 59.7 | 4.8% |
| Vietnam | 27.9 | 23.9 | 26.2 | 30.9 | 3.5% |
| Russia | 6.4 | 40.3 | 48.0 | 11.9 | 23.0% |
| Indonesia | 2.8 | 2.3 | 3.4 | 5.1 | 22.1% |
| United Kingdom | 64.4 | 35.4 | 13.1 | 4.0 | -60.4% |
| Others | 49.2 | 30.1 | 11.6 | 12.6 | -36.5% |
| Total | 490 | 273 | 288 | 270 | -18.0% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Japan in 2022:
- China (225.7K units)
- Thailand (204.9K units)
- Vietnam (154.3K units)
- United States (58.2K units)
- Indonesia (12.0K units)
- Russia (4.8K units)
- United Kingdom (1.6K units)
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