Japan - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJapan's Pork Price Drops to $4,303 per Ton Following Three Straight Months of Decrease
Japan Pork Import Price in April 2023
In April 2023, the pork price amounted to $4,303 per ton (CIF, Japan), almost unchanged from the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 6.2% against the previous month. The import price peaked at $4,687 per ton in January 2023; however, from February 2023 to April 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In April 2023, the countries with the highest prices were Mexico ($4,420 per ton) and Canada ($4,373 per ton), while the price for Spain ($4,177 per ton) and Chile ($4,192 per ton) were amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Pork in Japan (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| Mexico | 4,210 | 4,191 | 4,154 | 4,218 | 4,378 | 4,316 | 4,260 | 4,423 | 4,740 | 4,856 | 4,713 | 4,548 | 4,420 |
| Canada | 4,543 | 4,486 | 4,425 | 4,226 | 4,385 | 4,142 | 4,151 | 4,512 | 4,874 | 4,971 | 4,771 | 4,515 | 4,373 |
| United States | 4,286 | 4,263 | 4,159 | 4,041 | 4,252 | 4,162 | 4,204 | 4,560 | 4,818 | 4,757 | 4,546 | 4,285 | 4,361 |
| Denmark | 4,172 | 4,108 | 4,008 | 4,094 | 4,211 | 4,022 | 3,997 | 4,051 | 4,231 | 4,452 | 4,381 | 4,261 | 4,334 |
| Netherlands | 4,063 | 4,008 | 3,944 | 3,860 | 4,012 | 3,848 | 3,796 | 3,921 | 4,193 | 4,496 | 4,377 | 4,356 | 4,291 |
| Brazil | 4,153 | 4,080 | 3,920 | 3,853 | 3,986 | 3,819 | 3,781 | 3,896 | 4,098 | 4,340 | 4,207 | 4,144 | 4,199 |
| Chile | 4,156 | 4,068 | 3,918 | 3,836 | 3,883 | 3,689 | 3,764 | 3,921 | 4,188 | 4,356 | 4,300 | 4,261 | 4,192 |
| Spain | 4,084 | 3,939 | 3,883 | 3,970 | 4,120 | 3,963 | 3,927 | 4,022 | 4,204 | 4,336 | 4,241 | 4,181 | 4,177 |
| Average | 4,248 | 4,180 | 4,116 | 4,079 | 4,238 | 4,095 | 4,067 | 4,318 | 4,539 | 4,687 | 4,512 | 4,355 | 4,303 |
Japan Pork Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In April 2023, the products with the highest prices were fresh or chilled hams, shoulders and cuts of pig meat ($5,389 per ton) and fresh or chilled pig meat other than cuts or carcases ($4,460 per ton), while the price for frozen pig meat other than cuts or carcases ($4,234 per ton) and frozen hams, shoulders and cuts of pig meat ($4,365 per ton) were amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by fresh pork cut (+0.4%), while the prices for the other products experienced more modest paces of growth.
Japan Pork Imports
In April 2023, purchases abroad of pork was finally on the rise to reach 110K tons after two months of decline. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pork imports skyrocketed to $472M (IndexBox estimates) in April 2023. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Japan Pork Imports by Type
In April 2023, frozen pig meat other than cuts or carcases (76K tons) constituted the largest type of pork supplied to Japan, with a 69% share of total imports. Moreover, frozen pig meat other than cuts or carcases exceeded the figures recorded for the second-largest type, fresh or chilled pig meat other than cuts or carcases (33K tons), twofold. The third position in this ranking was taken by frozen hams, shoulders and cuts of pig meat (325 tons), with a 0.3% share.
From April 2022 to April 2023, the average monthly growth rate of the volume of import of frozen pig meat other than cuts or carcases was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: fresh or chilled pig meat other than cuts or carcases (-0.9% per month) and frozen hams, shoulders and cuts of pig meat (+2.2% per month).
In value terms, frozen pig meat other than cuts or carcases ($322M) constituted the largest type of pork supplied to Japan, comprising 68% of total imports. The second position in the ranking was taken by fresh or chilled pig meat other than cuts or carcases ($148M), with a 31% share of total imports. It was followed by frozen hams, shoulders and cuts of pig meat, with a 0.3% share.
Japan Pork Imports by Country
Spain (29K tons), the United States (26K tons) and Canada (17K tons) were the main suppliers of pork imports to Japan, together accounting for 66% of total imports. These countries were followed by Denmark, Mexico, the Netherlands, Brazil and Chile, which together accounted for a further 31%.
From April 2022 to April 2023, the biggest increases were in Brazil (with a CAGR of +2.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Spain ($121M), the United States ($114M) and Canada ($75M) were the largest pork suppliers to Japan, together accounting for 66% of total imports. These countries were followed by Denmark, Mexico, the Netherlands, Brazil and Chile, which together accounted for a further 31%.
In terms of the main suppliers, Brazil, with a CAGR of +2.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the pork 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:
- FCL 1035 - Pig meat
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
