Japan - Almonds - Market Analysis, Forecast, Size, Trends and Insights

Japan: Almond Market Overview 2020

Almond Market Size in Japan

The revenue of the almond market in Japan amounted to $X in 2018, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, almond consumption continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. In that year, the almond market reached its peak level of $X. From 2017 to 2018, the growth of the almond market remained at a lower figure.

Almond Exports

Exports from Japan

In 2018, the almond exports from Japan stood at X tonnes, dropping by -X% against the previous year. Overall, almond exports continue to indicate an abrupt reduction. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, almond exports stood at $X in 2018. In general, almond exports continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

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

From 2007 to 2018, the average annual rate of growth in terms of volume to India totaled -X%.

In value terms, India ($X) remains the key foreign market for almond exports from Japan, comprising X% of total almond exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to India stood at -X%.

Export Prices by Country

The average almond export price stood at $X per tonne in 2018, going down by -X% against the previous year. Overall, the almond export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Malaysia ($X per tonne), while the average price for exports to India totaled $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia.

Almond Imports

Imports into Japan

In 2018, approx. X tonnes of almonds were imported into Japan; lowering by -X% against the previous year. Overall, almond imports continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, almond imports stood at $X in 2018. Over the period under review, almond imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. In that year, almond imports reached their peak of $X. From 2017 to 2018, the growth of almond imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes) was the main supplier of almond to Japan, with a approx. X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from the U.S. was relatively modest.

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

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. stood at +X%.

Import Prices by Country

The average almond import price stood at $X per tonne in 2018, growing by X% against the previous year. Over the period under review, the almond import price continues to indicate a strong increase. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average import prices for almonds attained their maximum in 2018 and is likely to continue its growth in the near future.

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

From 2007 to 2018, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Source: IndexBox AI Platform