Key Market Indicators
Japanese demand for compressors is expected to grow by 1% year on year between 2021 and 2026, reaching 41 million kilograms by 2026. Since 1993, demand has risen by 1.8% year on year. In 2021, Japan exported 69 million kilograms of compressors. By 2026, this figure is predicted to drop to 59 million kilograms, representing a yearly average decrease of 2.7%. Since 1993, supply has dropped by 2.5% year on year. The country was the seventh largest exporter of compressors in 2021, but was surpassed by Brazil. Thailand, South Korea and Slovakia held the second, third and fourth positions, respectively.