Japan - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Peas Price in Japan - 2023

Contents:

  1. Preserved Peas Price in Japan (FOB) - 2023
  2. Preserved Peas Price in Japan (CIF) - 2022
  3. Preserved Peas Exports in Japan
  4. Preserved Peas Imports in Japan

Preserved Peas Price in Japan (FOB) - 2023

In July 2023, the average preserved peas export price amounted to $9,497 per ton, with an increase of 8.3% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $9,944 per ton in August 2022; however, from September 2022 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($13,225 per ton), while the average price for exports to Portugal ($6,600 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Peas Price in Japan (CIF) - 2022

The average preserved peas import price stood at $3,064 per ton in 2022, increasing by 9.3% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved peas import price decreased by -0.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 59% against the previous year. As a result, import price reached the peak level of $4,370 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($5,470 per ton), while the price for Brazil ($1,189 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Peas Exports in Japan

In 2022, preserved peas exports from Japan reduced to 143 tons, waning by -5.3% compared with the previous year's figure. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of 152 tons, and then reduced in the following year.

In value terms, preserved peas exports dropped to $1.4M in 2022. In general, exports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. As a result, the exports attained the peak of $1.6M, and then dropped in the following year.

Export of Preserved Peas in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States731613939686-2.1%
Hong Kong SAR352186236172-21.2%
South Korea17.433.616.1162110.4%
China29.563.983.310753.6%
Malaysia4.011.226.160.7147.6%
Taiwan (Chinese)15473.598.351.7-30.5%
Canada38.848.437.127.5-10.8%
Portugal34.42.318.16.6-42.3%
Others87.810014096.23.1%
Total1,4481,1321,5931,370-1.8%

Top Export Markets for Preserved Peas from Japan in 2022:

  1. United States (74.6 tons)
  2. Hong Kong SAR (20.3 tons)
  3. South Korea (15.8 tons)
  4. China (9.8 tons)
  5. Malaysia (5.6 tons)
  6. Taiwan (Chinese) (4.5 tons)
  7. Canada (2.9 tons)
  8. Portugal (1.1 tons)

Preserved Peas Imports in Japan

In 2022, the amount of preserved peas imported into Japan shrank sharply to 225 tons, dropping by -19.1% compared with the year before. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 92%. As a result, imports reached the peak of 279 tons, and then contracted sharply in the following year.

In value terms, preserved peas imports fell to $691K in 2022. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 74% against the previous year. As a result, imports reached the peak of $781K, and then reduced in the following year.

Import of Preserved Peas in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)19924637535120.8%
China20719435428511.2%
SpainN/AN/A22.240.180.6%
Brazil6.02.56.44.4-9.8%
ItalyN/AN/A8.0N/A0%
Others2.35.516.110.264.3%
Total41544978169118.5%

Top Suppliers of Preserved Peas to Japan in 2022:

  1. China (140.6 tons)
  2. Taiwan (Chinese) (64.1 tons)
  3. Spain (15.9 tons)
  4. Brazil (3.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved peas 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 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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