Price for Cereal Groats and Meal; of Wheat in Japan - 2023
Contents:
- Price for Cereal Groats and Meal; of Wheat in Japan (FOB) - 2022
- Price for Cereal Groats and Meal; of Wheat in Japan (CIF) - 2022
- Exports of Cereal Groats and Meal; of Wheat in Japan
- Imports of Cereal Groats and Meal; of Wheat in Japan
Price for Cereal Groats and Meal; of Wheat in Japan (FOB) - 2022
In 2022, the average export price for cereal groats and meal; of wheats amounted to $2,442 per ton, with an increase of 3.1% against the previous year. In general, the export price recorded a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($4,415 per ton), while the average price for exports to Latvia stood at $1,973 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (-37.6%).
Price for Cereal Groats and Meal; of Wheat in Japan (CIF) - 2022
In 2022, the average import price for cereal groats and meal; of wheats amounted to $1,899 per ton, with an increase of 45% against the previous year. In general, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 228% against the previous year. Over the period under review, average import prices hit record highs at $4,889 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,384 per ton), while the price for India ($1,034 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Groats and Meal; of Wheat in Japan
In 2022, approx. 62 tons of cereal groats and meal; of wheats were exported from Japan; growing by 13% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereal groats and meal; of wheats skyrocketed to $151K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereal Groats and Meal; of Wheat in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | N/A | 0.3 | 98.9 | 32866.7% |
| Belgium | N/A | N/A | N/A | 52.5 | 0% |
| Malaysia | N/A | N/A | 24.0 | N/A | 0% |
| United Arab Emirates | 11.7 | N/A | 97.7 | N/A | 189.0% |
| Taiwan (Chinese) | 30.3 | N/A | N/A | N/A | 0% |
| Others | 0.7 | N/A | 7.8 | N/A | 233.8% |
| Total | 42.7 | N/A | 130 | 151 | 52.4% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Japan in 2022:
- Latvia (50.1 tons)
- Belgium (11.9 tons)
Imports of Cereal Groats and Meal; of Wheat in Japan
In 2022, the amount of cereal groats and meal; of wheats imported into Japan contracted remarkably to 18 tons, dropping by -49.3% compared with the previous year's figure. Overall, imports continue to indicate a dramatic shrinkage. The smallest decline of -23.5% was in 2020.
In value terms, imports of cereal groats and meal; of wheats declined remarkably to $34K in 2022. In general, imports faced a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 7.6% against the previous year. As a result, imports reached the peak of $70K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cereal Groats and Meal; of Wheat in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.3 | 2.4 | 8.8 | 16.9 | 38.9% |
| India | 8.7 | 13.1 | 23.1 | 7.2 | -6.1% |
| Turkey | N/A | 9.2 | 2.3 | 4.1 | -33.2% |
| Brazil | N/A | N/A | N/A | 2.2 | 0% |
| Italy | 5.7 | N/A | 5.6 | 1.8 | -31.9% |
| Canada | N/A | N/A | N/A | 1.5 | 0% |
| United Kingdom | 44.4 | 41.1 | N/A | N/A | -7.4% |
| France | N/A | 4.3 | 3.4 | N/A | -20.9% |
| Bangladesh | N/A | N/A | 2.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 65.1 | 70.0 | 45.9 | 33.7 | -19.7% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Japan in 2022:
- India (7.0 tons)
- United States (5.0 tons)
- Turkey (3.0 tons)
- Brazil (1.0 tons)
- Italy (0.9 tons)
- Canada (0.8 tons)
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