Price for Insects; Live, Other than Bees in Japan - 2023
Contents:
- Price for Insects; Live, Other than Bees in Japan (CIF) - 2022
- Price for Insects; Live, Other than Bees in Japan (FOB) - 2022
- Imports of Insects; Live, Other than Bees in Japan
- Exports of Insects; Live, Other than Bees in Japan
Price for Insects; Live, Other than Bees in Japan (CIF) - 2022
The average import price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, with an increase of 6.2% against the previous year. In general, the import price recorded strong growth. The growth pace was the most rapid in 2021 an increase of 128%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Indonesia ($0.1 per thousand units), while the price for China (less than $0.1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+161.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Insects; Live, Other than Bees in Japan (FOB) - 2022
In 2022, the average export price for insects; live, other than beeses amounted to less than $0.1 per thousand units, falling by -34.5% against the previous year. Overall, the export price saw a noticeable shrinkage. The export price peaked at less than $0.1 per thousand units in 2021, and then contracted remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany (less than $0.1 per thousand units), while the average price for exports to France (less than $0.1 per thousand units) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+82.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Insects; Live, Other than Bees in Japan
In 2022, approx. 33B units of insects; live, other than beeses were imported into Japan; with a decrease of -27.3% against 2021. In general, imports saw a sharp slump. The smallest decline of -12.5% was in 2021. Imports peaked at 68B units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, insects; live, other than bees imports fell notably to $1M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 100%. As a result, imports attained the peak of $1.3M, and then fell remarkably in the following year.
| Import of Insects; Live, Other than Bees in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 538 | 175 | 692 | 435 | -6.8% |
| Vietnam | 23.4 | 94.1 | 62.3 | 145 | 83.7% |
| China | 195 | 108 | 196 | 120 | -14.9% |
| Taiwan (Chinese) | 57.3 | 52.8 | 70.5 | 67.4 | 5.6% |
| Germany | 10.0 | 7.1 | 29.1 | 46.7 | 67.1% |
| Switzerland | 7.1 | 16.9 | 30.0 | 33.5 | 67.7% |
| Others | 214 | 212 | 249 | 176 | -6.3% |
| Total | 1,045 | 665 | 1,328 | 1,025 | -0.6% |
Top Suppliers of Insects; Live, Other than Bees to Japan in 2022:
- China (15.0B units)
- Indonesia (6.2B units)
- Taiwan (Chinese) (5.8B units)
- Switzerland (2.2B units)
- Vietnam (2.1B units)
- Germany (0.8B units)
Exports of Insects; Live, Other than Bees in Japan
In 2022, the amount of insects; live, other than beeses exported from Japan dropped remarkably to 238M units, which is down by -23.7% against the previous year. In general, exports recorded a dramatic slump. The exports peaked at 312M units in 2021, and then fell rapidly in the following year.
In value terms, insects; live, other than bees exports fell notably to $3.8K in 2022. Over the period under review, exports showed a dramatic downturn. The exports peaked at $7.7K in 2021, and then reduced notably in the following year.
| Export of Insects; Live, Other than Bees in Japan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Germany | 1,172 | 1,318 | 12.5% | ||
| France | 127 | 288 | 126.8% | ||
| Hungary | N/A | 145 | 0% | ||
| Sweden | 46.0 | 123 | 167.4% | ||
| Switzerland | 19.0 | 34.0 | 78.9% | ||
| South Korea | 1,695 | 27.0 | -98.4% | ||
| United States | 3,130 | N/A | 0% | ||
| Others | 1,480 | 1,900 | 28.4% | ||
| Total | 7,669 | 3,835 | -50.0% | ||
Top Export Markets for Insects; Live, Other than Bees from Japan in 2022:
- France (86.8M units)
- Germany (30.7M units)
- Hungary (14.5M units)
- Sweden (9.1M units)
- Switzerland (3.2M units)
- South Korea (1.3M units)
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