Rangefinders Price in Japan - 2023

Contents:

  1. Rangefinders Price in Japan (CIF) - 2022
  2. Rangefinders Price in Japan (FOB) - 2022
  3. Rangefinders Imports in Japan
  4. Rangefinders Exports in Japan

Rangefinders Price in Japan (CIF) - 2022

The average rangefinders import price stood at $106 per unit in 2022, increasing by 9.5% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rangefinders import price decreased by -0.9% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 42% against the previous year. Over the period under review, average import prices attained the peak figure at $107 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($110 per unit) and the Philippines ($107 per unit), while the price for China ($88 per unit) and Malaysia ($103 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Rangefinders Price in Japan (FOB) - 2022

The average rangefinders export price stood at $165 per unit in 2022, with a decrease of -47.2% against the previous year. Over the period under review, the export price, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices attained the peak figure at $313 per unit in 2021, and then declined significantly in the following year.

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 the United States ($205 per unit), while the average price for exports to Timor-Leste ($25 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 (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Rangefinders Imports in Japan

Rangefinders imports into Japan dropped to 500K units in 2022, which is down by -14.9% compared with the year before. In general, imports saw a slight reduction. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of 588K units, and then shrank in the following year.

In value terms, rangefinders imports reduced to $53M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of $57M, and then dropped in the following year.

Import of Rangefinders in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.519.735.637.320.2%
United States10.96.34.73.4-32.2%
Malaysia4.21.60.61.6-27.5%
Myanmar3.80.53.21.3-30.1%
Philippines4.45.33.11.3-33.4%
Hungary1.51.41.21.3-4.7%
Germany2.21.32.81.2-18.3%
Others3.95.75.95.713.5%
Total52.441.757.053.10.4%

Top Suppliers of Rangefinders to Japan in 2022:

  1. China (422.2K units)
  2. Malaysia (15.7K units)
  3. Philippines (12.3K units)
  4. Hungary (12.0K units)
  5. Myanmar (7.3K units)
  6. Germany (6.5K units)
  7. United States (3.8K units)

Rangefinders Exports in Japan

In 2022, shipments abroad of rangefinderses decreased by -38.2% to 14K units, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 168% against the previous year. As a result, the exports attained the peak of 63K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, rangefinders exports dropped significantly to $2.2M in 2022. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 338%. As a result, the exports attained the peak of $18M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Rangefinders in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.716.25.51.3-21.6%
AustraliaN/AN/AN/A0.20%
ChinaN/AN/AN/A0.20%
PhilippinesN/AN/AN/A0.10%
South KoreaN/AN/AN/A0.10%
Hong Kong SAR1.21.20.60.1-56.3%
Timor-LesteN/AN/AN/AN/A0%
Others0.10.30.80.226.0%
Total4.017.66.92.2-18.1%

Top Export Markets for Rangefinders from Japan in 2022:

  1. United States (6.5K units)
  2. Australia (1.7K units)
  3. South Korea (1.5K units)
  4. China (1.1K units)
  5. Timor-Leste (0.8K units)
  6. Hong Kong SAR (0.6K units)
  7. Philippines (0.5K units)

Source: IndexBox Market Intelligence Platform

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