Japan - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVirgin Olive Oil Price in Japan - 2021
Contents:
- Virgin Olive Oil Price in Japan (CIF) - 2021
- Virgin Olive Oil Price in Japan (FOB) - 2022
- Virgin Olive Oil Imports in Japan
- Virgin Olive Oil Exports in Japan
Virgin Olive Oil Price in Japan (CIF) - 2021
In December 2021, the average virgin olive oil import price amounted to $5,528 per ton, with an increase of 3.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in April 2021 when the average import price increased by 9.6% m-o-m. Over the period under review, average import prices hit record highs in December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Italy ($6,594 per ton), while the price for Portugal ($3,540 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Virgin Olive Oil Price in Japan (FOB) - 2022
In 2022, the average virgin olive oil export price amounted to $13,555 per ton, waning by -26.5% against the previous year. Overall, the export price showed a abrupt decline. The growth pace was the most rapid in 2013 when the average export price increased by 64%. As a result, the export price reached the peak level of $55,647 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($16,800 per ton), while the average price for exports to Vietnam ($10,930 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 China (+10.0%), while the prices for the other major destinations experienced mixed trend patterns.
Virgin Olive Oil Imports in Japan
After two years of decline, purchases abroad of virgin olive oil increased by 7.3% to 51K tons in 2022. Over the period under review, imports, however, saw a noticeable slump.
In value terms, virgin olive oil imports shrank modestly to $236M in 2022. In general, imports, however, recorded a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 0.6%.
| Import of Virgin Olive Oil in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 145 | 128 | 119 | 123 | -5.3% |
| Italy | 106 | 92.2 | 96.8 | 92.4 | -4.5% |
| Turkey | 8.0 | 6.1 | 11.1 | 10.6 | 9.8% |
| Others | 9.7 | 9.1 | 9.6 | 10.1 | 1.4% |
| Total | 269 | 235 | 236 | 236 | -4.3% |
Top Suppliers of Virgin Olive Oil to Japan in 2022:
- Spain (30.9K tons)
- Italy (15.3K tons)
- Turkey (2.8K tons)
Virgin Olive Oil Exports in Japan
Virgin olive oil exports from Japan soared to 52 tons in 2022, increasing by 64% against 2021. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.1% against 2020 indices.
In value terms, virgin olive oil exports soared to $711K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 decreased by -14.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 75%. As a result, the exports reached the peak of $833K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Virgin Olive Oil in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 166 | 428 | 206 | 302 | 22.1% |
| Taiwan (Chinese) | 135 | 253 | 254 | 284 | 28.1% |
| China | 29.3 | 9.5 | 59.9 | 67.0 | 31.7% |
| South Korea | 8.3 | 12.0 | 14.1 | 15.8 | 23.9% |
| Spain | N/A | 27.6 | N/A | N/A | 0% |
| France | 70.8 | N/A | N/A | N/A | 0% |
| Others | 67.6 | 102 | 55.8 | 42.1 | -14.6% |
| Total | 477 | 833 | 589 | 711 | 14.2% |
Top Export Markets for Virgin Olive Oil from Japan in 2022:
- Vietnam (27.6 tons)
- Taiwan (Chinese) (18.8 tons)
- China (4.0 tons)
- South Korea (1.1 tons)
This report provides an in-depth analysis of the virgin olive oil market 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 261 - Oil of Olives, Virgin
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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This report provides an in-depth analysis of the virgin olive oil market in Japan.
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This report provides an in-depth analysis of the olive oil market in Japan.
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This report provides an in-depth analysis of the virgin olive oil market in Japan.
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This report provides an in-depth analysis of the olive oil market in Japan.
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This report provides an in-depth analysis of the refined olive oil market in Japan.
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This report provides an in-depth analysis of the global virgin olive oil market.
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Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
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Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
719
The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
3380
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
