Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan - 2023
Contents:
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan (CIF) - 2023
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan (FOB) - 2023
- Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan
- Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan (CIF) - 2023
The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $6,800 per ton in November 2023, with an increase of 1.7% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 11% m-o-m. Over the period under review, average import prices hit record highs at $7,215 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($14,111 per ton), while the price for the Philippines ($3,731 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 Hungary (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan (FOB) - 2023
The average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $10,286 per ton in November 2023, picking up by 3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 5.1% month-to-month. Over the period under review, the average export prices hit record highs at $11,279 per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In November 2023, the countries with the highest prices were Singapore ($12,469 per ton) and Thailand ($12,344 per ton), while the average price for exports to South Korea ($8,703 per ton) and the United States ($9,418 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan
In 2022, approx. 26K tons of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa were imported into Japan; jumping by 32% on the previous year. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa skyrocketed to $169M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 10.4 | 19.0 | 34.5 | 53.2% |
| Spain | 9.7 | 7.5 | 11.6 | 17.5 | 21.7% |
| Germany | 11.4 | 9.7 | 10.8 | 15.0 | 9.6% |
| United States | 6.9 | 7.2 | 8.1 | 12.4 | 21.6% |
| Hungary | 9.1 | 10.3 | 11.1 | 11.5 | 8.1% |
| Turkey | 1.4 | 3.1 | 8.3 | 9.8 | 91.3% |
| Netherlands | 9.5 | 8.7 | 8.7 | 9.7 | 0.7% |
| Belgium | 8.8 | 8.1 | 9.3 | 9.7 | 3.3% |
| South Korea | 2.3 | 2.9 | 4.4 | 8.1 | 52.1% |
| Thailand | 7.2 | 7.1 | 7.3 | 7.3 | 0.5% |
| Vietnam | 2.9 | 2.1 | 2.4 | 3.3 | 4.4% |
| Philippines | 2.3 | 2.0 | 2.7 | 3.1 | 10.5% |
| Malaysia | 2.0 | 1.4 | 1.7 | 1.9 | -1.7% |
| Others | 22.0 | 22.7 | 24.0 | 24.7 | 3.9% |
| Total | 105 | 103 | 130 | 169 | 17.2% |
Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Japan in 2022:
- China (4.8K tons)
- Germany (2.6K tons)
- Hungary (2.3K tons)
- Spain (2.3K tons)
- Turkey (1.8K tons)
- Netherlands (1.6K tons)
- Thailand (1.6K tons)
- Belgium (1.4K tons)
- United States (1.2K tons)
- Philippines (1.0K tons)
- South Korea (1.0K tons)
- Malaysia (0.6K tons)
- Vietnam (0.6K tons)
Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan
In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa exported from Japan rose notably to 12K tons, increasing by 11% on the year before. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa declined to $125M in 2022. Overall, exports, however, saw a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, the exports reached the peak of $135M, and then contracted in the following year.
| Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.2 | 35.0 | 49.9 | 46.5 | 13.0% |
| United States | 13.0 | 11.0 | 20.0 | 18.5 | 12.5% |
| Hong Kong SAR | 43.1 | 32.7 | 26.7 | 17.1 | -26.5% |
| Taiwan (Chinese) | 15.7 | 14.5 | 15.5 | 14.3 | -3.1% |
| South Korea | 9.6 | 4.9 | 5.3 | 7.8 | -6.7% |
| Singapore | 2.6 | 2.2 | 2.4 | 2.9 | 3.7% |
| Vietnam | 2.6 | 2.0 | 2.0 | 2.8 | 2.5% |
| Thailand | 1.5 | 1.5 | 1.7 | 2.2 | 13.6% |
| Others | 10.2 | 7.8 | 11.4 | 12.9 | 8.1% |
| Total | 130 | 112 | 135 | 125 | -1.3% |
Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Japan in 2022:
- China (4.3K tons)
- Hong Kong SAR (1.6K tons)
- Taiwan (Chinese) (1.5K tons)
- United States (1.4K tons)
- South Korea (1.0K tons)
- Singapore (0.3K tons)
- Vietnam (0.3K tons)
- Thailand (0.2K tons)
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