Japan - Wine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWine Price in Japan - 2023
Contents:
- Wine Price in Japan (CIF) - 2023
- Wine Price in Japan (FOB) - 2023
- Wine Imports in Japan
- Wine Exports in Japan
Wine Price in Japan (CIF) - 2023
The average wine import price stood at $8.2 per litre in September 2023, leveling off at the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in November 2022 an increase of 20% month-to-month. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was France ($20.6 per litre), while the price for Chile ($2.3 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Wine Price in Japan (FOB) - 2023
The average wine export price stood at $12.6 per litre in September 2023, rising by 5.9% against the previous month. In general, the export price, however, recorded a abrupt descent. The pace of growth was the most pronounced in April 2023 an increase of 77% month-to-month. The export price peaked at $47.7 per litre in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($173 per litre), while the average price for exports to Taiwan (Chinese) ($5.3 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Wine Imports in Japan
In 2022, purchases abroad of wine was finally on the rise to reach 266M litres for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a mild downturn. Over the period under review, imports hit record highs at 281M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, wine imports stood at $1.9B in 2022. The total import value increased at an average annual rate of +1.3% 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 9.5% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Wine in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,016 | 855 | 1,003 | 1,082 | 2.1% |
| Italy | 214 | 182 | 201 | 225 | 1.7% |
| Chile | 184 | 177 | 147 | 158 | -5.0% |
| United States | 139 | 124 | 115 | 154 | 3.5% |
| Spain | 117 | 109 | 123 | 122 | 1.4% |
| Australia | 46.9 | 39.9 | 41.1 | 46.0 | -0.6% |
| Others | 78.7 | 69.1 | 75.7 | 79.9 | 0.5% |
| Total | 1,796 | 1,557 | 1,705 | 1,866 | 1.3% |
Top Suppliers of Wine to Japan in 2022:
- Chile (68.4M litres)
- France (63.0M litres)
- Spain (45.9M litres)
- Italy (45.4M litres)
- Australia (14.5M litres)
- United States (13.8M litres)
Wine Exports in Japan
In 2022, overseas shipments of wine decreased by -32.7% to 249K litres for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 73%. The exports peaked at 371K litres in 2021, and then plummeted in the following year.
In value terms, wine exports shrank significantly to $4.9M in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 104%. Over the period under review, the exports reached the peak figure at $5.9M in 2021, and then shrank notably in the following year.
| Export of Wine in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 140 | 567 | 1,617 | 1,749 | 132.0% |
| Hong Kong SAR | 444 | 924 | 1,812 | 1,394 | 46.4% |
| Taiwan (Chinese) | 284 | 639 | 967 | 669 | 33.1% |
| Singapore | 95.6 | 159 | 239 | 353 | 54.6% |
| United Kingdom | 74.2 | 53.4 | 110 | 84.1 | 4.3% |
| Macao SAR | 15.8 | 58.4 | 99.7 | 84.1 | 74.6% |
| Sweden | 20.9 | 23.9 | 33.9 | 76.9 | 54.4% |
| United States | 22.3 | 175 | 134 | 71.1 | 47.2% |
| South Korea | 94.0 | 50.6 | 78.8 | 29.2 | -32.3% |
| Cambodia | N/A | N/A | 23.6 | 14.2 | -39.8% |
| United Arab Emirates | 161 | 143 | 351 | N/A | 47.7% |
| Others | 191 | 356 | 475 | 398 | 27.7% |
| Total | 1,543 | 3,148 | 5,940 | 4,922 | 47.2% |
Top Export Markets for Wine from Japan in 2022:
- Taiwan (Chinese) (85.3K litres)
- China (60.9K litres)
- Hong Kong SAR (29.3K litres)
- Singapore (15.9K litres)
- United Kingdom (8.0K litres)
- South Korea (6.5K litres)
- Sweden (6.0K litres)
- Cambodia (5.7K litres)
- Macao SAR (5.4K litres)
- United States (4.2K litres)
This report provides an in-depth analysis of the wine 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 564 - Wine
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
-
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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