Japan - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Japan - 2023
Contents:
- Multimeter Price in Japan (CIF) - 2023
- Multimeter Price in Japan (FOB) - 2023
- Multimeter Imports in Japan
- Multimeter Exports in Japan
Multimeter Price in Japan (CIF) - 2023
The average multimeter import price stood at $26.1 per unit in July 2023, with an increase of 4.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in February 2023 an increase of 53% month-to-month. As a result, import price reached the peak level of $33.9 per unit. From March 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($27.0 per unit), while the price for China ($20.5 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Multimeter Price in Japan (FOB) - 2023
The average multimeter export price stood at $70.2 per unit in July 2023, surging by 38% against the previous month. In general, export price indicated a modest increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, multimeter export price increased by +38.0% against June 2023 indices. The growth pace was the most rapid in March 2023 an increase of 67% against the previous month. As a result, the export price reached the peak level of $73.5 per unit. From April 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Thailand ($141 per unit), while the average price for exports to Singapore ($24.7 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+15.8%), while the prices for the other major destinations experienced mixed trend patterns.
Multimeter Imports in Japan
In 2022, multimeter imports into Japan amounted to 611K units, increasing by 3% against the previous year's figure. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, multimeter imports rose significantly to $14M in 2022. Overall, imports, however, showed a noticeable decline. Over the period under review, imports reached the maximum at $16M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Multimeter in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.4 | 4.6 | 5.7 | 6.5 | 6.4% |
Thailand | 3.0 | 3.4 | 3.0 | 3.1 | 1.1% |
Taiwan (Chinese) | 1.5 | 1.3 | 1.4 | 1.5 | 0.0% |
Others | 6.5 | 4.0 | 3.0 | 3.2 | -21.0% |
Total | 16.5 | 13.3 | 13.1 | 14.2 | -4.9% |
Top Suppliers of Multimeter to Japan in 2022:
- China (398.9K units)
- Thailand (128.1K units)
- Taiwan (Chinese) (58.4K units)
Multimeter Exports in Japan
In 2022, the amount of multimeters exported from Japan declined to 186K units, which is down by -10.1% against the previous year's figure. Over the period under review, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, the exports attained the peak figure at 221K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, multimeter exports expanded sharply to $10M in 2022. In general, exports showed a pronounced reduction. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports reached the maximum at $11M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Multimeter in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,525 | 1,413 | 1,982 | 2,696 | 20.9% |
South Korea | 1,481 | 1,261 | 1,412 | 1,666 | 4.0% |
Singapore | 1,434 | 1,181 | 747 | 801 | -17.6% |
Taiwan (Chinese) | 389 | 424 | 459 | 668 | 19.8% |
United Kingdom | 1,081 | 615 | 1,373 | 622 | -16.8% |
Thailand | 933 | 515 | 544 | 586 | -14.4% |
United Arab Emirates | 96.9 | 88.6 | 307 | 348 | 53.1% |
Oman | 3.7 | N/A | 12.9 | 303 | 334.3% |
Philippines | 472 | 231 | 379 | 262 | -17.8% |
Malaysia | 213 | 243 | 228 | 231 | 2.7% |
Vietnam | 183 | 354 | 153 | 222 | 6.7% |
Hong Kong SAR | 453 | 172 | 224 | 181 | -26.3% |
Indonesia | 337 | 203 | 154 | 178 | -19.2% |
Others | 2,490 | 1,381 | 1,372 | 1,283 | -19.8% |
Total | 11,092 | 8,080 | 9,346 | 10,044 | -3.3% |
Top Export Markets for Multimeter from Japan in 2022:
- China (28.7K units)
- Singapore (26.7K units)
- Thailand (21.3K units)
- South Korea (21.3K units)
- United Kingdom (15.4K units)
- Philippines (9.5K units)
- Taiwan (Chinese) (7.9K units)
- Malaysia (7.3K units)
- Oman (6.8K units)
- United Arab Emirates (6.6K units)
- Indonesia (5.2K units)
- Vietnam (4.8K units)
- Hong Kong SAR (3.9K units)
This report provides an in-depth analysis of the multimeter market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26514310 - Multimeters
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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