Price for Homogenised Composite Food Preparations in Japan - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Japan (FOB) - 2022
2. Price for Homogenised Composite Food Preparations in Japan (CIF) - 2022
3. Exports of Homogenised Composite Food Preparations in Japan
4. Imports of Homogenised Composite Food Preparations in Japan

Price for Homogenised Composite Food Preparations in Japan (FOB) - 2022

The average homogenised composite food preparations export price stood at $11,066 per ton in 2022, dropping by -29.7% against the previous year. In general, the export price saw a perceptible decrease. The pace of growth was the most pronounced in 2017 an increase of 35%. Over the period under review, the average export prices attained the maximum at $17,585 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($19,281 per ton), while the average price for exports to Macao SAR ($6,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

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Price for Homogenised Composite Food Preparations in Japan (CIF) - 2022

The average homogenised composite food preparations import price stood at $7,183 per ton in 2022, falling by -23.1% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 88% against the previous year. As a result, import price attained the peak level of $19,330 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($11,396 per ton), while the price for Spain ($6,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.6%), while the prices for the other major suppliers experienced a decline.

Exports of Homogenised Composite Food Preparations in Japan

For the fourth consecutive year, Japan recorded growth in shipments abroad of homogenised composite food preparationses, which increased by 39% to 28 tons in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 49%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, homogenised composite food preparations exports contracted modestly to $312K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.9% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 56% against the previous year. The exports peaked at $318K in 2021, and then shrank in the following year.

Top Export Markets for Homogenised Composite Food Preparations from Japan in 2022:

1. Taiwan (Chinese) (14.7 tons)
2. Hong Kong SAR (5.0 tons)
3. China (4.2 tons)
4. Vietnam (2.0 tons)
5. Macao SAR (2.0 tons)

Imports of Homogenised Composite Food Preparations in Japan

In 2022, the amount of homogenised composite food preparationses imported into Japan surged to 32 tons, growing by 653% against 2021 figures. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,765%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, homogenised composite food preparations imports soared to $229K in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,233%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Homogenised Composite Food Preparations to Japan in 2022:

1. Spain (22.7 tons)
2. France (7.6 tons)
3. New Zealand (1.0 tons)
4. Thailand (0.5 tons)