Report Update: May 1, 2024

Japan - Fish Fillets (Dried, Salted Or In Brine, But Not Smoked) - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Fish Fillet Price in Japan - 2023

Preserved Fish Fillet Price in Japan (CIF) - 2023

The average preserved fish fillet import price stood at $13,978 per ton in July 2023, approximately mirroring the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 39% month-to-month. As a result, import price reached the peak level of $18,907 per ton. From April 2023 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($22,210 per ton), while the price for Vietnam ($5,867 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 China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Fish Fillet Price in Japan (FOB) - 2022

In 2022, the average preserved fish fillet export price amounted to $9,435 per ton, dropping by -7.7% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +9.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved fish fillet export price decreased by -12.6% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 104%. The export price peaked at $10,800 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($10,843 per ton) and Hong Kong SAR ($9,937 per ton), while the average price for exports to Taiwan (Chinese) ($7,652 per ton) and Singapore ($8,374 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+92.3%), while the prices for the other major destinations experienced a decline.

Preserved Fish Fillet Imports in Japan

For the fourth year in a row, Japan recorded growth in supplies from abroad of fish fillets (dried, salted or in brine, but not smoked), which increased by 0.5% to 154 tons in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 115% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, preserved fish fillet imports reached $2.3M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 138% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Preserved Fish Fillet in Japan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	274	448	739	890	48.1%
Russia	87.3	115	528	636	93.9%
China	144	184	322	388	39.2%
Vietnam	49.9	3.2	148	178	52.8%
United States	40.3	115	110	133	48.9%
Canada	200	N/A	236	N/A	8.6%
Others	87.8	31.3	52.6	38.3	-24.2%
Total	884	896	2,135	2,263	36.8%

Top Suppliers of Preserved Fish Fillet to Japan in 2022:

Italy (57.7 tons)
Russia (42.8 tons)
China (23.7 tons)
Vietnam (17.5 tons)
United States (10.0 tons)

Preserved Fish Fillet Exports in Japan

Preserved fish fillet exports from Japan surged to 7.9 tons in 2022, with an increase of 27% compared with 2021. In general, exports, however, faced a precipitous setback. The pace of growth appeared the most rapid in 2020 when exports increased by 33%. As a result, the exports attained the peak of 31 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved fish fillet exports soared to $74K in 2022. Over the period under review, exports, however, recorded a dramatic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 53%. As a result, the exports attained the peak of $330K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Preserved Fish Fillet in Japan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	105	254	19.4	49.5	-22.2%
Taiwan (Chinese)	48.8	29.4	15.6	12.3	-36.8%
United States	17.1	7.2	19.0	7.6	-23.7%
Singapore	6.5	29.0	2.4	4.9	-9.0%
Thailand	31.4	7.2	N/A	N/A	-77.1%
Others	6.0	2.3	7.0	N/A	8.0%
Total	215	330	63.3	74.3	-29.8%

Top Export Markets for Preserved Fish Fillet from Japan in 2022:

Hong Kong SAR (5.0 tons)
Taiwan (Chinese) (1.6 tons)
United States (0.7 tons)
Singapore (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved fish fillet 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:

Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023