From January to October 2021, the bilateral import and export volume of goods between China and Japan was US$305,745.2 million, an increase of US$48,698.4597 million compared with the same period in 2020, a year-on-year increase of 19.4%
From January to October 2021, the total value of China’s exports to Japan was US$135,958,948,900, an increase of US$20,244,305,900 compared with the same period in 2020, a year-on-year increase of 17.6%; the total value of China’s imports from Japan was US$169,786,254,800, compared with 2020. In the same period, it increased by 28,454,153,800 US dollars, a year-on-year increase of 20.9%.
It can be seen from the data that the economic and trade exchanges between China and Japan are very huge. As the world's second and third largest economies, the economic conditions between the two countries may affect changes in the world economy. For Dongqi Crane, the bad news is that Japan has a well-developed manufacturing industry, so far, Dongqi Crane has not yet reached a crane cooperation order in Japan. Dongqi Crane has been striving to improve its service quality and product technology level, and it is believed that one day it will be able to open up the Japanese crane market. This article will analyze the development and changes of the Japanese crane market in 2022 through the research on the Japanese overhead crane market
Before we start discussing the aerial crane market in Japan, we have a few small questions that need to be answered first. Let’s take a look
In 2020, the Japanese Overhead Crane Market grew X% to X USD, rising for the second year in a row after three consecutive years of decline. Overall, from 2007 to 2020, total consumption has grown significantly: its value has declined at an annual average rate of -X% over the past 13 years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to 2020 data, consumption increased by +X% compared to the 2018 index. The fastest growth rate in 2015, an increase of X% year-on-year. As a result, spending reached the highest level of X dollars. From 2016 to 2020, market growth failed to regain momentum.
In value terms, the production of overhead cranes in 2020 declined slightly to $X at export prices. However, during the period under review, production increased significantly. 2015 saw the fastest growth, with production up X% over the previous year. As a result, production reached a peak level of X dollars. Production growth remained low from 2016 to 2020.
In 2020, approximately X fixed-stand overhead cranes were exported from Japan; a -X% decrease compared to last year's figure. Overall, exports continued to show a sharp decline. The most significant growth rate occurred in 2019, with a year-on-year increase of X%. During the period under review, exports reached a maximum of X units in 2009; however, from 2010 to 2020, exports have been at lower levels.
In value terms, bridge crane exports contracted significantly to $X in 2020. Overall, exports fell sharply. The growth rate was most pronounced in 2017, with a year-on-year increase of X%. During the period under review, exports peaked at $X in 2010; however, from 2011 to 2020, exports have been at lower levels.
The United States (X units) is the main destination for Japanese bridge crane exports, accounting for X% of total exports. In addition, exports of overhead cranes to the United States are twice as high as exports to the second largest destination, Thailand (X units). The Philippines (X units) ranks third in terms of total exports with an X% share.
From 2007 to 2020, the average annual growth rate of shipments to the U.S. totaled -X%. Exports to other major destinations recorded the following average annual export growth rates: Thailand (-X% per annum) and the Philippines (-X% per annum).
In terms of value, the United States ($X) became the main foreign market for Japanese bridge crane exports, accounting for X% of total exports. In second place is Thailand ($X) with X% of total exports. It is followed by China with an X% share.
From 2007 to 2020, the average annual value growth rate for the U.S. was relatively modest. Exports to other major destinations recorded the following average annual export growth rates: Thailand (+X% per annum) and China (-X% per annum).
In 2020, approximately X fixed-support overhead cranes were imported into Japan; -X% less than in 2019. During the period under review, there was a marked drop in imports. The most notable growth rate occurred in 2017, with an X% increase compared to the previous year. Imports peaked at X units in 2008; however, from 2009 to 2020, import volumes have remained low.
Overhead crane imports fell sharply to $X in 2020 by value. Overall, imports face a sharp contraction. The most significant growth rate occurred in 2017, when imports increased by X% year-on-year. During the period under review, imports reached a maximum value of X dollars in 2009; however, from 2010 to 2020, imports failed to regain momentum.
In 2020, Germany (X units) was Japan's largest supplier of overhead cranes, accounting for X% of total imports. In addition, overhead cranes imported from Germany were three times higher than the number recorded by the second largest supplier, China (X units).
From 2007 to 2020, the average annual growth rate of sales from Germany reached +X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (-X% per annum) and South Korea (-X% per annum).
China (USD X) is Japan's largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is Germany ($X) with X% of total imports.
From 2007 to 2020, the average annual growth in value from China totaled -X%. The average annual growth rates of imports for the remaining suppliers are as follows: Germany (-X% per annum) and South Korea (-X% per annum).
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