Price for Grapes; Fresh or Dried in Japan - 2023

Contents:

  1. Price for Grapes; Fresh or Dried in Japan (CIF) - 2023
  2. Price for Grapes; Fresh or Dried in Japan (FOB) - 2023
  3. Imports of Grapes; Fresh or Dried in Japan
  4. Exports of Grapes; Fresh or Dried in Japan

Price for Grapes; Fresh or Dried in Japan (CIF) - 2023

In September 2023, the average grapes; fresh or dried import price amounted to $3,107 per ton, reducing by -2.4% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 14% against the previous month. Over the period under review, average import prices attained the peak figure at $3,435 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($3,565 per ton), while the price for Turkey ($2,170 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Grapes; Fresh or Dried in Japan (FOB) - 2023

The average grapes; fresh or dried export price stood at $14,508 per ton in September 2023, falling by -21.5% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 48% against the previous month. The export price peaked at $47,484 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was Taiwan (Chinese) ($14,520 per ton), while the average price for exports to Hong Kong SAR ($14,270 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-0.7%), while the prices for the other major destinations experienced a decline.

Imports of Grapes; Fresh or Dried in Japan

For the third consecutive year, Japan recorded decline in supplies from abroad of grapes; fresh or drieds, which decreased by -5.5% to 65K tons in 2022. In general, imports saw a drastic downturn. The smallest decline of -3.4% was in 2020.

In value terms, grapes; fresh or dried imports shrank to $193M in 2022. Over the period under review, imports recorded a abrupt curtailment.

Import of Grapes; Fresh or Dried in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States133121117103-8.2%
Chile31.034.332.438.17.1%
Australia43.236.331.125.9-15.7%
Turkey16.613.911.913.8-6.0%
Mexico10.010.08.710.51.6%
Others3.31.72.12.1-14.0%
Total237217203193-6.6%

Top Suppliers of Grapes; Fresh or Dried to Japan in 2022:

  1. United States (30.6K tons)
  2. Chile (14.9K tons)
  3. Australia (9.4K tons)
  4. Turkey (6.2K tons)
  5. Mexico (2.7K tons)

Exports of Grapes; Fresh or Dried in Japan

Grapes; fresh or dried exports from Japan expanded significantly to 2K tons in 2022, surging by 10% compared with the previous year's figure. The total export volume increased at an average annual rate of +13.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, grapes; fresh or dried exports dropped slightly to $41M in 2022. The total export value increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 32% against the previous year.

Export of Grapes; Fresh or Dried in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR15.219.619.219.89.2%
Taiwan (Chinese)10.816.219.718.219.0%
Singapore1.31.51.51.79.4%
Thailand1.30.70.90.8-14.9%
Others0.60.60.90.60.0%
Total29.338.642.241.011.9%

Top Export Markets for Grapes; Fresh or Dried from Japan in 2022:

  1. Hong Kong SAR (1031.9 tons)
  2. Taiwan (Chinese) (875.9 tons)
  3. Singapore (72.7 tons)
  4. Thailand (25.9 tons)

Source: IndexBox Market Intelligence Platform

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