Cereals; Rye, Seed Price in Japan - 2023

Contents:

  1. Cereals; Rye, Seed Price in Japan (CIF) - 2022
  2. Cereals; Rye, Seed Price in Japan (FOB) - 2022
  3. Cereals; Rye, Seed Imports in Japan
  4. Cereals; Rye, Seed Exports in Japan

Cereals; Rye, Seed Price in Japan (CIF) - 2022

In 2022, the average cereals; rye, seed import price amounted to $1,352 per ton, dropping by -21.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 an increase of 54%. As a result, import price attained the peak level of $1,719 per ton, and then dropped rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,750 per ton), while the price for Canada ($314 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Cereals; Rye, Seed Price in Japan (FOB) - 2022

The average cereals; rye, seed export price stood at $49 per ton in 2022, reducing by -57.2% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2013 when the average export price increased by 38%. Over the period under review, the average export prices reached the maximum at $367 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -12.9% per year.

Cereals; Rye, Seed Imports in Japan

In 2022, the amount of cereals; rye, seeds imported into Japan plummeted to 385 tons, reducing by -15.5% compared with the previous year. Overall, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 27%.

In value terms, cereals; rye, seed imports fell dramatically to $521K in 2022. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 95%. As a result, imports attained the peak of $784K, and then shrank dramatically in the following year.

Import of Cereals; Rye, Seed in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4523056734640.9%
New Zealand75.152.150.830.0-26.4%
Canada36.926.025.715.4-25.3%
Germany26.618.417.311.9-23.5%
South Africa44.7N/AN/AN/A0%
OthersN/AN/A17.3N/A0%
Total636401784521-6.4%

Top Suppliers of Cereals; Rye, Seed to Japan in 2022:

  1. United States (265.0 tons)
  2. New Zealand (59.7 tons)
  3. Canada (49.2 tons)
  4. Germany (11.6 tons)

Cereals; Rye, Seed Exports in Japan

In 2022, the amount of cereals; rye, seeds exported from Japan skyrocketed to 14 tons, rising by 223% compared with 2021 figures. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 313% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cereals; rye, seed exports surged to $672 in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 212% against the previous year. As a result, the exports reached the peak of $858. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Cereals; Rye, Seed in Japan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada23379829767242.3%
Others42.060.0189N/A112.1%
Total27585848667234.7%

Top Export Markets for Cereals; Rye, Seed from Japan in 2022:

  1. Canada (13.6 tons)

Source: IndexBox Market Intelligence Platform

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