Japan - Fish Fillets and Other Fish Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Fillets and Other Fish Meat in Japan - 2023
Contents:
- Price for Fish Fillets and Other Fish Meat in Japan (CIF) - 2023
- Price for Fish Fillets and Other Fish Meat in Japan (FOB) - 2023
- Imports of Fish Fillets and Other Fish Meat in Japan
- Exports of Fish Fillets and Other Fish Meat in Japan
Price for Fish Fillets and Other Fish Meat in Japan (CIF) - 2023
The average import price for fish fillets and other fish meat stood at $5,225 per ton in November 2023, declining by -2.2% against the previous month. Over the period under review, the import price recorded a noticeable slump. The growth pace was the most rapid in December 2022 an increase of 45% against the previous month. As a result, import price reached the peak level of $9,630 per ton. From January 2023 to November 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 November 2023, the country with the highest price was Italy ($16,170 per ton), while the price for India ($1,770 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Norway (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Fish Fillets and Other Fish Meat in Japan (FOB) - 2023
In November 2023, the average export price for fish fillets and other fish meat amounted to $19,198 per ton, remaining stable against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 10% against the previous month. As a result, the export price reached the peak level of $22,620 per ton. From February 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Singapore ($35,813 per ton), while the average price for exports to France ($9,680 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets and Other Fish Meat in Japan
Imports of fish fillets and other fish meat into Japan expanded slightly to 532K tons in 2022, growing by 4.8% against 2021 figures. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 7.3%.
In value terms, imports of fish fillets and other fish meat rose rapidly to $3.7B in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9.9%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Fish Fillets and Other Fish Meat in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 606 | 569 | 634 | 678 | 3.8% |
| Chile | 526 | 558 | 498 | 551 | 1.6% |
| United States | 576 | 445 | 497 | 505 | -4.3% |
| China | 247 | 193 | 254 | 277 | 3.9% |
| South Korea | 172 | 176 | 184 | 168 | -0.8% |
| Russia | 86.7 | 60.2 | 70.0 | 117 | 10.5% |
| Vietnam | 104 | 82.8 | 89.9 | 116 | 3.7% |
| India | 87.1 | 61.4 | 85.6 | 108 | 7.4% |
| Thailand | 86.2 | 77.7 | 90.5 | 94.5 | 3.1% |
| New Zealand | 90.1 | 75.2 | 73.3 | 84.4 | -2.2% |
| Indonesia | 69.9 | 57.3 | 56.8 | 63.8 | -3.0% |
| Others | 851 | 739 | 870 | 931 | 3.0% |
| Total | 3,503 | 3,095 | 3,402 | 3,695 | 1.8% |
Top Suppliers of Fish Fillets and Other Fish Meat to Japan in 2022:
- United States (113.7K tons)
- Norway (81.6K tons)
- China (49.1K tons)
- India (47.3K tons)
- Chile (47.3K tons)
- Vietnam (32.5K tons)
- Russia (25.9K tons)
- Thailand (20.2K tons)
- South Korea (16.1K tons)
- New Zealand (14.1K tons)
- Indonesia (7.9K tons)
Exports of Fish Fillets and Other Fish Meat in Japan
Exports of fish fillets and other fish meat from Japan expanded slightly to 16K tons in 2022, surging by 1.6% against the year before. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of fish fillets and other fish meat rose notably to $295M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 54%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Fish Fillets and Other Fish Meat in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 151 | 95.1 | 157 | 180 | 6.0% |
| Hong Kong SAR | 20.5 | 26.3 | 35.6 | 34.6 | 19.1% |
| China | 5.9 | 5.5 | 9.2 | 11.7 | 25.6% |
| Thailand | 10.9 | 7.1 | 7.2 | 11.5 | 1.8% |
| Singapore | 4.7 | 5.6 | 8.1 | 10.4 | 30.3% |
| Taiwan (Chinese) | 5.1 | 6.7 | 6.6 | 10.0 | 25.2% |
| Canada | 3.8 | 1.6 | 4.0 | 4.6 | 6.6% |
| Spain | 1.4 | 1.7 | 6.0 | 3.9 | 40.7% |
| Vietnam | 2.0 | 1.6 | 2.2 | 2.2 | 3.2% |
| Russia | 3.1 | 3.3 | 4.1 | 1.2 | -27.1% |
| Others | 18.5 | 13.1 | 19.1 | 25.0 | 10.6% |
| Total | 227 | 168 | 259 | 295 | 9.1% |
Top Export Markets for Fish Fillets and Other Fish Meat from Japan in 2022:
- United States (10.3K tons)
- Hong Kong SAR (1.3K tons)
- China (0.7K tons)
- Taiwan (Chinese) (0.5K tons)
- Thailand (0.5K tons)
- Singapore (0.4K tons)
- Vietnam (0.3K tons)
- Spain (0.3K tons)
- Canada (0.2K tons)
- Russia (0.1K tons)
This report provides an in-depth analysis of the market for fish fillets and other fish meat 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 10201100 - Fresh or chilled fish fillets and other fish meat without bones
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201110 -
- Prodcom 10201510 -
- Prodcom 10201520 -
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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