Frozen Strawberries Price in Japan - 2023
Contents:
Frozen Strawberries Price in Japan (CIF) - 2023
The average frozen strawberries import price stood at $2,404 per ton in July 2023, growing by 7.2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 7.8% month-to-month. As a result, import price attained the peak level of $2,601 per ton. From December 2022 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,611 per ton), while the price for Egypt ($1,843 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Strawberries Imports in Japan
Frozen strawberries imports into Japan fell to 32K tons in 2022, flattening at the previous year. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 5.4% against the previous year. As a result, imports reached the peak of 33K tons, leveling off in the following year.
In value terms, frozen strawberries imports expanded modestly to $80M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 8.8% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Frozen Strawberries in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 29.0 | 26.8 | 26.8 | 26.0 | -3.6% |
Chile | 13.5 | 13.4 | 13.1 | 16.7 | 7.3% |
Egypt | 11.5 | 11.2 | 12.2 | 12.5 | 2.8% |
United States | 8.1 | 9.4 | 11.2 | 9.6 | 5.8% |
Morocco | 4.2 | 5.3 | 9.2 | 7.5 | 21.3% |
Peru | 1.9 | 1.8 | 2.1 | 3.2 | 19.0% |
Poland | 2.0 | 1.8 | 1.2 | 2.0 | 0.0% |
Others | 2.6 | 2.5 | 2.8 | 2.6 | 0.0% |
Total | 72.8 | 72.2 | 78.6 | 80.2 | 3.3% |
Top Suppliers of Frozen Strawberries to Japan in 2022:
- China (11.4K tons)
- Egypt (7.0K tons)
- Chile (5.3K tons)
- Morocco (3.8K tons)
- United States (2.1K tons)
- Peru (1.4K tons)
- Poland (0.6K tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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