Recent data of cost for farm equipment like tractors and trucks in Japan

Livestock

Abstract

The price trend for agricultural production inputs in Japan, including agricultural machinery, automobiles and related fees, miscellaneous materials, and agricultural clothing, has been consistently rising. According to data from December 2022, the 70hp water-cooled tractor, a representative large farm implement, has reached a high price of up to 8.28 million yen. Prices for agricultural machinery and automobiles continue to rise due to technological innovation and rising material prices. On the other hand, prices of various materials and agricultural clothing have also risen sharply, increasing the burden on agricultural management. This trend is thought to be due to rising production costs and the impact of economic conditions both domestically and internationally. As a result, investment and operations in agricultural production are becoming increasingly difficult, posing challenges for farmers and related industries.

General agricultural production materials (agricultural machinery)

Prices of agricultural machinery and other agricultural production inputs in Japan peaked in January 2020 and have now returned to 100% of their peak levels. Looking at trends over the past two years, agricultural machinery prices have experienced a temporary surge before showing a relatively stable trend. However, the rising cost of agricultural machinery continues to increase production costs and pose a challenge to agricultural management. Technological innovation and changes in demand are increasing the demand for high-performance agricultural machinery, which is driving up prices accordingly. Farmers need to find the right balance between cost efficiency and investment.

General agricultural production materials (agricultural machinery)
agri

The maximum is 8.28Myen[2020年1月] of Large agricultural tools (Riding tractor, 1 70PS internal and external water-cooled type), and the current value is about 100%

General agricultural production supplies (automobile and related fees)

In Japan, the price of automobiles and related fees for agricultural production materials in general, in the data range from January 2020 to November 2022, peaked at 2.21 million yen for a four-wheel truck (one vehicle with a capacity of approximately 1.0 ton). It is currently at 100% of its peak. Throughout this period, automobiles and related rates, like most consumer goods, have experienced price fluctuations due to fluctuations in raw material prices and changes in demand. Prices rise especially during periods of high demand for vehicles, and cars and trucks specialized for agricultural use are no exception. However, the need for automobiles in agriculture is high and demand remains constant. As a result, demand for agricultural vehicles has persisted despite price fluctuations.

General agricultural production supplies (automobile and related fees)
agri

The maximum is 2.21Myen[2022年11月] of Four wheel truck (1 unit with a capacity of 1.0t), and the current value is about 100%

General agricultural production materials (various materials)

In January 2020, the prices of various agricultural production materials in Japan were as follows: agricultural vinyl had a maximum price of 19,300 yen, the average price was 4,040 yen, and the total was 36,400 yen. This data shows that agricultural vinyl is an important material in agricultural production. Because agricultural vinyl is used in so many aspects of farming, fluctuations in its price have a major impact on farm operations. It also plays an essential role in agricultural production with regard to other materials. Trends over this period include that agricultural input prices are subject to seasonal and demand fluctuations. There may be shortages in supplies or increases in prices of materials, especially in the event of severe weather or natural disasters. Farmers need to be flexible in responding to these fluctuations.

General agricultural production materials (various materials)
agri

The maximum is the latest one, 19.3kyen of Agricultural vinyl (Thickness 0.1mm, width 1.35m 100m)

General agricultural production materials (agricultural clothing)

According to data on agricultural clothing from the General Agricultural Production Materials in Japan for January 2020, the price of work clothes (top and bottom, about 65% polyester, one thick piece) was the highest, at 6,130 yen. This is an important piece of clothing that agricultural workers wear while working, and an increase in its price will have an impact on agricultural operations. Demand for agricultural workwear fluctuates depending on the season and type of work, but demand remains stable due to its basic necessity. However, the rise in the price of workwear can be attributed to a variety of factors, including increased material and manufacturing costs. For agricultural workers, appropriate work clothing is directly linked to work efficiency and safety, so rising prices mean increased management costs. As a result, farmers face challenges in both cost control and quality.

General agricultural production materials (agricultural clothing)
agri

The maximum is the latest one, 6.13kyen of Work clothes (Top/bottom, Top and bottom Tetoron 65%, 1 thick item)

Reference

政府統計の総合窓口-農業物価統計調査

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