Price for Navigational Instruments and Appliances; Parts and Accessories in Japan - 2023
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Japan (CIF) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Japan (FOB) - 2023
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Japan
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Japan
Price for Navigational Instruments and Appliances; Parts and Accessories in Japan (CIF) - 2022
The average import price for navigational instruments and appliances; parts and accessorieses stood at $1,111,544 per ton in 2022, falling by -9.9% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for navigational instruments and appliances; parts and accessorieses decreased by -13.5% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 49%. Over the period under review, average import prices attained the maximum at $1,285,692 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,534,340 per ton), while the price for China ($85,865 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Navigational Instruments and Appliances; Parts and Accessories in Japan (FOB) - 2023
The average export price for navigational instruments and appliances; parts and accessorieses stood at $294K per ton in November 2023, growing by 9.6% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 12% month-to-month. Over the period under review, the average export prices attained the maximum in November 2023.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Hong Kong SAR ($505K per ton), while the average price for exports to Turkey ($132K 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 Singapore (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Navigational Instruments and Appliances; Parts and Accessories in Japan
In 2022, approx. 124 tons of navigational instruments and appliances; parts and accessorieses were imported into Japan; increasing by 11% against 2021. Overall, imports, however, continue to indicate a mild descent. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year.
In value terms, imports of navigational instruments and appliances; parts and accessorieses declined to $138M in 2022. In general, imports, however, recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 16%.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 127 | 89.1 | 98.6 | 101 | -7.4% |
| United Kingdom | 14.2 | 9.4 | 8.8 | 12.0 | -5.5% |
| China | 8.5 | 4.3 | 6.6 | 5.1 | -15.7% |
| Taiwan (Chinese) | 1.1 | 0.6 | 0.7 | 2.4 | 29.7% |
| South Korea | 1.3 | 1.1 | 1.0 | 1.1 | -5.4% |
| Sweden | 0.2 | 0.3 | 0.8 | 0.6 | 44.2% |
| Others | 16.9 | 14.7 | 21.8 | 16.4 | -1.0% |
| Total | 169 | 119 | 138 | 138 | -6.5% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Japan in 2022:
- China (59.1 tons)
- Taiwan (Chinese) (27.1 tons)
- United States (15.4 tons)
- South Korea (9.4 tons)
- Sweden (4.4 tons)
- United Kingdom (3.7 tons)
Exports of Navigational Instruments and Appliances; Parts and Accessories in Japan
Exports of navigational instruments and appliances; parts and accessorieses from Japan contracted modestly to 392 tons in 2022, remaining stable against the previous year's figure. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 394 tons, leveling off in the following year.
In value terms, exports of navigational instruments and appliances; parts and accessorieses fell dramatically to $120M in 2022. In general, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, the exports attained the peak of $159M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.6 | 95.5 | 80.0 | 58.0 | -2.5% |
| Netherlands | 10.3 | 8.8 | 12.1 | 11.4 | 3.4% |
| Hong Kong SAR | 9.3 | 10.3 | 12.1 | 8.2 | -4.1% |
| United States | 8.2 | 8.9 | 13.8 | 7.0 | -5.1% |
| South Korea | 5.8 | 5.0 | 5.4 | 6.8 | 5.4% |
| Singapore | 5.5 | 5.8 | 7.1 | 5.9 | 2.4% |
| Taiwan (Chinese) | 3.5 | 4.0 | 6.1 | 2.4 | -11.8% |
| Turkey | 1.6 | 3.0 | 3.1 | 1.9 | 5.9% |
| Denmark | 1.8 | 2.6 | 2.6 | 1.9 | 1.8% |
| Vietnam | 1.3 | 0.7 | 1.4 | 1.5 | 4.9% |
| Others | 17.3 | 14.8 | 14.4 | 14.9 | -4.9% |
| Total | 127 | 159 | 158 | 120 | -1.9% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Japan in 2022:
- China (84.5 tons)
- Netherlands (79.9 tons)
- South Korea (57.0 tons)
- United States (30.4 tons)
- Singapore (25.1 tons)
- Hong Kong SAR (23.4 tons)
- Turkey (16.7 tons)
- Taiwan (Chinese) (14.7 tons)
- Denmark (9.2 tons)
- Vietnam (7.0 tons)
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