Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan - 2023

Contents:

  1. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan (CIF) - 2023
  2. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan (FOB) - 2022
  3. Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan
  4. Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan (CIF) - 2023

The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,790 per ton in November 2023, rising by 3.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in December 2022 an increase of 10% against the previous month. The import price peaked at $1,808 per ton in June 2023; afterwards, it flattened through to November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($3,115 per ton), while the price for China ($1,391 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 (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan (FOB) - 2022

In 2022, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $6,779 per ton, waning by -4.4% against the previous year. Over the period under review, the export price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 104% against the previous year. Over the period under review, the average export prices hit record highs at $10,454 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($8,273 per ton), while the average price for exports to Hong Kong SAR totaled $1,767 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+6.9%), while the prices for the other major destinations experienced a decline.

Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan

Imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into Japan was estimated at 251K tons in 2022, increasing by 2.5% on 2021. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 8.3% against the previous year. As a result, imports reached the peak of 262K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid rose significantly to $307M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy94.31121121208.4%
United States40.044.146.653.710.3%
Portugal35.838.938.642.76.1%
Spain27.031.628.227.70.9%
Chile13.718.816.020.113.6%
Turkey11.711.914.215.810.5%
China17.816.817.015.3-4.9%
Others12.512.712.911.6-2.5%
Total2532862853076.7%

Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Japan in 2022:

  1. Italy (109.1K tons)
  2. United States (40.4K tons)
  3. Portugal (32.9K tons)
  4. Spain (20.7K tons)
  5. China (16.0K tons)
  6. Chile (13.8K tons)
  7. Turkey (11.0K tons)

Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan

In 2022, approx. 4.2 tons of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid were exported from Japan; with a decrease of -57.7% against the previous year. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 266%. As a result, the exports attained the peak of 9.9 tons, and then declined remarkably in the following year.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid contracted rapidly to $28K in 2022. Overall, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 149% against the previous year. As a result, the exports attained the peak of $70K, and then dropped rapidly in the following year.

Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)58.89.814.726.6-23.2%
Hong Kong SARN/AN/AN/A1.70%
ChinaN/AN/A42.2N/A0%
GermanyN/A4.2N/AN/A0%
Myanmar1.10.3N/AN/A-72.7%
ItalyN/AN/A5.5N/A0%
Others4.513.87.6N/A30.0%
Total64.528.270.028.3-24.0%

Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Japan in 2022:

  1. Taiwan (Chinese) (3.2 tons)
  2. Hong Kong SAR (1.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Tomatoes; prepared or preserved otherwise than by vinegar or acetic acid - Japan