Japan - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in Japan - 2023
Contents:
- Preserved Tuna Price in Japan (CIF) - 2023
- Preserved Tuna Price in Japan (FOB) - 2023
- Preserved Tuna Imports in Japan
- Preserved Tuna Exports in Japan
Preserved Tuna Price in Japan (CIF) - 2023
In July 2023, the average preserved tuna import price amounted to $6,197 per ton, rising by 1.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 4.9% month-to-month. Over the period under review, average import prices attained the maximum in July 2023.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Indonesia ($6,735 per ton) and Vietnam ($6,732 per ton), while the price for China ($5,296 per ton) and Thailand ($6,046 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tuna Price in Japan (FOB) - 2023
In July 2023, the average preserved tuna export price amounted to $10,301 per ton, waning by -31.7% against the previous month. Overall, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in December 2022 an increase of 120% m-o-m. Over the period under review, the average export prices hit record highs at $15,375 per ton in February 2023; however, from March 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was South Korea ($15,860 per ton), while the average price for exports to Libya ($7,276 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 Brazil (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Tuna Imports in Japan
In 2022, the amount of tuna (prepared or preserved) imported into Japan expanded slightly to 69K tons, increasing by 3.3% on the previous year's figure. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved tuna imports reached $392M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Preserved Tuna in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 195 | 214 | 211 | 228 | 5.3% |
| Indonesia | 78.3 | 73.8 | 54.1 | 70.4 | -3.5% |
| Philippines | 69.3 | 58.7 | 69.0 | 63.9 | -2.7% |
| Vietnam | 11.0 | 16.4 | 10.7 | 13.9 | 8.1% |
| China | 9.1 | 7.5 | 6.9 | 11.7 | 8.7% |
| Others | 3.2 | 3.1 | 5.8 | 4.0 | 7.7% |
| Total | 366 | 374 | 358 | 392 | 2.3% |
Top Suppliers of Preserved Tuna to Japan in 2022:
- Thailand (41.3K tons)
- Philippines (11.5K tons)
- Indonesia (10.9K tons)
- Vietnam (2.4K tons)
- China (2.2K tons)
Preserved Tuna Exports in Japan
In 2022, approx. 608 tons of tuna (prepared or preserved) were exported from Japan; falling by -1.7% on the year before. Over the period under review, exports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 3.6%.
In value terms, preserved tuna exports fell to $7.6M in 2022. Overall, exports continue to indicate a abrupt descent. The smallest decline of -0.5% was in 2020.
| Export of Preserved Tuna in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,689 | 730 | 1,113 | 2,107 | 7.6% |
| Saudi Arabia | 3,647 | 4,183 | 3,274 | 1,786 | -21.2% |
| South Korea | 416 | 399 | 717 | 756 | 22.0% |
| Hong Kong SAR | 412 | 705 | 537 | 532 | 8.9% |
| Congo | N/A | N/A | N/A | 530 | 0% |
| Taiwan (Chinese) | 213 | 550 | 664 | 386 | 21.9% |
| Brazil | 437 | 226 | 381 | 373 | -5.1% |
| Thailand | 83.3 | 137 | 107 | 175 | 28.1% |
| Vietnam | 41.3 | 368 | 205 | 161 | 57.4% |
| Spain | N/A | N/A | 53.7 | 140 | 160.7% |
| Singapore | 87.9 | 81.1 | 89.7 | 132 | 14.5% |
| Palestine | 1,218 | 705 | 774 | N/A | -20.3% |
| Others | 729 | 843 | 727 | 567 | -8.0% |
| Total | 8,973 | 8,927 | 8,643 | 7,644 | -5.2% |
Top Export Markets for Preserved Tuna from Japan in 2022:
- United States (158.4 tons)
- Saudi Arabia (120.0 tons)
- Congo (95.1 tons)
- South Korea (59.5 tons)
- Hong Kong SAR (46.1 tons)
- Taiwan (Chinese) (27.3 tons)
- Brazil (26.9 tons)
- Thailand (13.0 tons)
- Spain (12.7 tons)
- Vietnam (9.8 tons)
- Singapore (9.3 tons)
This report provides an in-depth analysis of the preserved tuna 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 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and 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:
- 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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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
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