Japan - Salted, Dried or Smoked Meat, and Offal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Salted, Dried or Smoked Meat, and Offal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Salted, Dried or Smoked Meat, and Offal in Japan - 2023

Contents:

  1. Price for Salted, Dried or Smoked Meat, and Offal in Japan (CIF) - 2023
  2. Price for Salted, Dried or Smoked Meat, and Offal in Japan (FOB) - 2022
  3. Imports of Salted, Dried or Smoked Meat, and Offal in Japan
  4. Exports of Salted, Dried or Smoked Meat, and Offal in Japan

Price for Salted, Dried or Smoked Meat, and Offal in Japan (CIF) - 2023

In November 2023, the average import price for salted, dried or smoked meat, and offal amounted to $11,859 per ton, rising by 16% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $13,170 per ton in April 2023; however, from May 2023 to November 2023, import prices stood 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 Austria ($16,147 per ton), while the price for Thailand ($4,630 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 Spain (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Salted, Dried or Smoked Meat, and Offal in Japan (FOB) - 2022

In 2022, the average export price for salted, dried or smoked meat, and offal amounted to $233,417 per ton, growing by 37% against the previous year. In general, the export price posted a significant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 466% against the previous year. As a result, the export price reached the peak level of $345,990 per ton. From 2018 to 2022, the average export prices remained at a somewhat 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 Taiwan (Chinese) ($471,492 per ton), while the average price for exports to the United Arab Emirates ($41,667 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 Hong Kong SAR (+23.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Salted, Dried or Smoked Meat, and Offal in Japan

For the third year in a row, Japan recorded decline in purchases abroad of salted, dried or smoked meat, and offal, which decreased by -13.7% to 4.6K tons in 2022. In general, imports showed a drastic downturn. The smallest decline of -10.9% was in 2021.

In value terms, imports of salted, dried or smoked meat, and offal reduced rapidly to $50M in 2022. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 2.4%.

Import of Salted, Dried or Smoked Meat, and Offal in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11.310.210.822.125.1%
United States5.86.75.19.015.8%
Italy36.530.933.36.1-44.9%
China5.28.17.75.30.6%
France0.90.50.83.455.7%
Thailand2.31.82.22.1-3.0%
Chile2.7N/AN/AN/A0%
Poland0.80.70.2N/A-50.0%
Others1.51.31.42.315.3%
Total67.160.061.450.3-9.2%

Top Suppliers of Salted, Dried or Smoked Meat, and Offal to Japan in 2022:

  1. Spain (1593.4 tons)
  2. United States (1013.6 tons)
  3. China (727.5 tons)
  4. Italy (543.3 tons)
  5. Thailand (403.9 tons)
  6. France (233.0 tons)

Exports of Salted, Dried or Smoked Meat, and Offal in Japan

In 2022, overseas shipments of salted, dried or smoked meat, and offal decreased by -19.3% to 480 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. As a result, the exports attained the peak of 595 kg, and then shrank dramatically in the following year.

In value terms, exports of salted, dried or smoked meat, and offal expanded markedly to $112K in 2022. The total export value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Salted, Dried or Smoked Meat, and Offal in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)39.673.649.056.612.6%
Hong Kong SAR48.725.445.642.7-4.3%
ChinaN/AN/AN/A10.80%
United Arab EmiratesN/AN/A6.72.0-70.1%
Others0.1N/AN/AN/A0%
Total88.499.01011128.2%

Top Export Markets for Salted, Dried or Smoked Meat, and Offal from Japan in 2022:

  1. Hong Kong SAR (265.0 kg)
  2. Taiwan (Chinese) (120.0 kg)
  3. United Arab Emirates (48.0 kg)
  4. China (47.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for salted, dried or smoked meat, and offal 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
  • Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
  • Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
  • Prodcom 10131200 - Beef and veal salted, in brine, dried or smoked
  • Prodcom 10131300 - Meat salted, in brine, dried or smoked, edible flours and meals of meat or meat offal (excluding pig meat, beef and veal salted, in brine, dried or smoked)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Meat and edible meat offal; salted, in brine, dried or smoked; edible flours and meals of meat or meat offal - Japan