Japan - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unsweetened Condensed and Evaporated Milk in Japan - 2023
Contents:
- Price for Unsweetened Condensed and Evaporated Milk in Japan (CIF) - 2022
- Price for Unsweetened Condensed and Evaporated Milk in Japan (FOB) - 2022
- Imports of Unsweetened Condensed and Evaporated Milk in Japan
- Exports of Unsweetened Condensed and Evaporated Milk in Japan
Price for Unsweetened Condensed and Evaporated Milk in Japan (CIF) - 2022
In 2022, the average import price for condensed or evaporated milk (unsweetened) amounted to $4,348 per ton, declining by -9.8% against the previous year. In general, the import price showed a mild contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 20%. The import price peaked at $5,395 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($4,791 per ton) and the United States ($4,727 per ton), while the price for Germany ($3,904 per ton) and Australia ($4,665 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.0%), while the prices for the other major suppliers experienced a decline.
Price for Unsweetened Condensed and Evaporated Milk in Japan (FOB) - 2022
In 2022, the average export price for condensed or evaporated milk (unsweetened) amounted to $8,395 per ton, declining by -10.5% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unsweetened condensed and evaporated milk export price decreased by -17.9% against 2019 indices. The growth pace was the most rapid in 2019 when the average export price increased by 98% against the previous year. As a result, the export price attained the peak level of $10,227 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($9,894 per ton), while the average price for exports to the Philippines ($3,680 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 Taiwan (Chinese) (+6.5%), while the prices for the other major destinations experienced a decline.
Imports of Unsweetened Condensed and Evaporated Milk in Japan
In 2022, approx. 1.2K tons of condensed or evaporated milk (unsweetened) were imported into Japan; with a decrease of -43.3% against the year before. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of 2K tons, and then shrank dramatically in the following year.
In value terms, unsweetened condensed and evaporated milk imports fell rapidly to $5M in 2022. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of $9.8M, and then fell dramatically in the following year.
| Import of Unsweetened Condensed and Evaporated Milk in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.4 | 2.8 | 5.8 | 2.6 | -25.9% |
| Germany | 1.6 | 1.5 | 2.5 | 2.0 | 7.7% |
| Netherlands | 1.4 | 2.0 | 1.5 | 0.4 | -34.1% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.5 | 6.4 | 9.8 | 5.0 | -19.3% |
Top Suppliers of Unsweetened Condensed and Evaporated Milk to Japan in 2022:
- Australia (557.1 tons)
- Germany (500.1 tons)
- Netherlands (73.5 tons)
- United States (21.6 tons)
Exports of Unsweetened Condensed and Evaporated Milk in Japan
For the fourth year in a row, Japan recorded growth in shipments abroad of condensed or evaporated milk (unsweetened), which increased by 9% to 47 tons in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.6% 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 +79.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, unsweetened condensed and evaporated milk exports reduced slightly to $396K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +47.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41%. As a result, the exports attained the peak of $406K, and then declined modestly in the following year.
| Export of Unsweetened Condensed and Evaporated Milk in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 259 | 275 | 373 | 327 | 8.1% |
| Taiwan (Chinese) | 8.0 | N/A | 26.8 | 67.3 | 103.4% |
| Philippines | N/A | 11.4 | 6.0 | 1.8 | -60.3% |
| Others | 2.2 | 0.6 | 0.1 | N/A | -78.7% |
| Total | 269 | 287 | 406 | 396 | 13.8% |
Top Export Markets for Unsweetened Condensed and Evaporated Milk from Japan in 2022:
- Hong Kong SAR (39.9 tons)
- Taiwan (Chinese) (6.8 tons)
- Philippines (0.5 tons)
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk 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 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
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
- 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 VOLUME AND VALUE
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
- 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
- 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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