Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan - 2023
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan (CIF) - 2023
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan (FOB) - 2022
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan (CIF) - 2023
In August 2023, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $780 per ton, declining by -4.5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 7% m-o-m. As a result, import price attained the peak level of $817 per ton, and then reduced in the following month.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -0.2% per month.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan (FOB) - 2022
In 2022, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $1,610 per ton, reducing by -27.1% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. The export price peaked at $3,052 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($5,202 per ton), while the average price for exports to Hong Kong SAR amounted to $1,582 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan
Imports of vegetables; potatoes (other than seed), fresh or chilleds into Japan fell to 43K tons in 2022, dropping by -8.7% compared with the year before. Overall, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 104% against the previous year. As a result, imports reached the peak of 47K tons, and then fell in the following year.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds rose remarkably to $31M in 2022. Over the period under review, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 119% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.9 | 13.3 | 29.1 | 30.7 | 19.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.9 | 13.3 | 29.1 | 30.7 | 19.7% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Japan in 2022:
- United States (43.3K tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan
Exports of vegetables; potatoes (other than seed), fresh or chilleds from Japan was estimated at 129 tons in 2022, growing by 1.6% on 2021 figures. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 67% against the previous year. As a result, the exports attained the peak of 304 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds shrank sharply to $208K in 2022. Over the period under review, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 85% against the previous year. As a result, the exports reached the peak of $449K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 216 | 350 | 266 | 203 | -2.0% |
| Singapore | 14.8 | 28.7 | 14.6 | 5.2 | -29.4% |
| Malaysia | 9.0 | 70.7 | N/A | N/A | 685.6% |
| Others | 3.0 | N/A | 0.1 | N/A | -81.7% |
| Total | 243 | 449 | 281 | 208 | -5.1% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Japan in 2022:
- Hong Kong SAR (128.0 tons)
- Singapore (1.0 tons)
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