Japan: Almond Market 2022

Almond Exports

Exports from Japan

After seven years of decline, overseas shipments of almonds increased by X% to X tonnes in 2021. Over the period under review, exports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tonnes. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, almond exports expanded sharply to $X in 2021. Overall, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X tonnes) was the main destination for almond exports from Japan, with a X% share of total exports. Moreover, almond exports to Malaysia exceeded the volume sent to the second major destination, Switzerland (X kg), twofold.

From 2012 to 2021, the average annual growth rate of volume to Malaysia stood at -X%.

In value terms, Malaysia ($X) and Switzerland ($X) appeared to be the largest markets for almond exported from Japan worldwide.

Switzerland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average almond export price amounted to $X per tonne, flattening at the previous year. Overall, the export price, however, posted temperate growth. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Malaysia stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+X%).

Almond Imports

Imports into Japan

In 2021, purchases abroad of almonds increased by X% to X tonnes for the first time since 2012, thus ending a eight-year declining trend. In general, imports, however, continue to indicate a precipitous curtailment. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, almond imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a dramatic shrinkage. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tonnes) was the main almond supplier to Japan, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to -X%.

In value terms, the United States ($X) constituted the largest supplier of almond to Japan.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -X%.

Import Prices by Country

In 2021, the average almond import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, almond import price decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +X% per year.

Source: IndexBox Platform