Japan - Spices Except Pepper or Ginger - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Spices Except Pepper or Ginger in Japan - 2023
Contents:
- Price for Spices Except Pepper or Ginger in Japan (CIF) - 2022
- Price for Spices Except Pepper or Ginger in Japan (FOB) - 2023
- Imports of Spices Except Pepper or Ginger in Japan
- Exports of Spices Except Pepper or Ginger in Japan
Price for Spices Except Pepper or Ginger in Japan (CIF) - 2022
In 2022, the average import price for spices except pepper or ginger amounted to $5,721 per ton, growing by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($79,860 per ton), while the price for India ($2,191 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices Except Pepper or Ginger in Japan (FOB) - 2023
The average export price for spices except pepper or ginger stood at $16,039 per ton in July 2023, growing by 13% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 27% against the previous month. As a result, the export price reached the peak level of $18,144 per ton. From September 2022 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was France ($91,965 per ton), while the average price for exports to Mexico ($8,310 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices Except Pepper or Ginger in Japan
Spices except pepper or ginger imports into Japan shrank to 7.4K tons in 2022, with a decrease of -6.7% compared with 2021. Overall, imports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 2.1%. As a result, imports reached the peak of 8K tons, and then shrank in the following year.
In value terms, spices except pepper or ginger imports surged to $43M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spices Except Pepper or Ginger in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.4 | 11.0 | 11.0 | 11.3 | 2.8% |
| South Korea | 3.2 | 4.1 | 4.3 | 11.0 | 50.9% |
| China | 14.9 | 9.3 | 10.9 | 9.5 | -13.9% |
| United States | 1.8 | 1.6 | 1.8 | 2.1 | 5.3% |
| Turkey | 1.9 | 1.9 | 1.5 | 1.8 | -1.8% |
| Vietnam | 0.1 | 0.3 | 0.6 | 0.5 | 71.0% |
| Others | 5.6 | 5.1 | 5.8 | 6.4 | 4.6% |
| Total | 37.8 | 33.4 | 36.0 | 42.5 | 4.0% |
Top Suppliers of Spices Except Pepper or Ginger to Japan in 2022:
- India (5.2K tons)
- China (1.0K tons)
- Turkey (0.3K tons)
- United States (0.1K tons)
- Vietnam (0.1K tons)
- South Korea (0.1K tons)
Exports of Spices Except Pepper or Ginger in Japan
In 2022, exports of spices except pepper or ginger from Japan was estimated at 837 tons, surging by 9.1% compared with the previous year. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.0% 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 +68.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, spices except pepper or ginger exports fell to $13M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.4% 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 +83.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 45% against the previous year.
| Export of Spices Except Pepper or Ginger in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 300 | 1,496 | 2,419 | 2,256 | 95.9% |
| United States | 1,236 | 1,305 | 1,827 | 2,198 | 21.2% |
| Taiwan (Chinese) | 1,328 | 1,709 | 1,458 | 1,680 | 8.2% |
| Germany | 323 | 920 | 1,564 | 1,142 | 52.3% |
| South Korea | 475 | 644 | 1,032 | 1,024 | 29.2% |
| China | 788 | 1,522 | 1,616 | 823 | 1.5% |
| Hong Kong SAR | 278 | 484 | 565 | 521 | 23.3% |
| United Kingdom | 430 | 241 | 369 | 365 | -5.3% |
| Thailand | 481 | 459 | 514 | 347 | -10.3% |
| Vietnam | 94.1 | 41.9 | 246 | 263 | 40.9% |
| United Arab Emirates | 90.2 | 59.8 | 90.6 | 170 | 23.5% |
| New Zealand | 120 | 272 | 197 | 169 | 12.1% |
| South Africa | 12.8 | 11.0 | 97.1 | 141 | 122.5% |
| Others | 1,344 | 1,458 | 2,180 | 2,281 | 19.3% |
| Total | 7,301 | 10,621 | 14,174 | 13,381 | 22.4% |
Top Export Markets for Spices Except Pepper or Ginger from Japan in 2022:
- Taiwan (Chinese) (137.1 tons)
- United States (91.4 tons)
- Germany (70.0 tons)
- China (64.5 tons)
- Hong Kong SAR (45.2 tons)
- Canada (38.8 tons)
- South Korea (34.4 tons)
- Thailand (28.2 tons)
- United Kingdom (27.8 tons)
- South Africa (27.4 tons)
- Vietnam (27.2 tons)
- New Zealand (22.4 tons)
- United Arab Emirates (21.4 tons)
This report provides an in-depth analysis of the market for spices except pepper or ginger 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:
- FCL 723 - Spices nes
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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