Japan: Avocado Market Overview 2020

Avocado Market Size in Japan

The revenue of the avocado market in Japan amounted to $X in 2018, increasing 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, avocado consumption continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Over the period under review, the avocado market reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Avocado Exports

Exports from Japan

In 2018, the amount of avocados exported from Japan stood at X tonnes, declining by -X% against the previous year. Over the period under review, avocado exports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, avocado exports reached their maximum at X tonnes in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, avocado exports totaled $X in 2018. Overall, avocado exports, however, continue to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, avocado exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China, Hong Kong SAR (X tonnes) was the main destination for avocado exports from Japan, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to China, Hong Kong SAR stood at +X%.

In value terms, China, Hong Kong SAR ($X) also remains the key foreign market for avocado exports from Japan.

From 2007 to 2018, the average annual growth rate of value to China, Hong Kong SAR stood at -X%.

Export Prices by Country

The average avocado export price stood at $X per tonne in 2018, rising by X% against the previous year. Overall, the avocado export price, however, continues to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China, Hong Kong SAR.

From 2007 to 2018, the rate of growth in terms of prices for China, Hong Kong SAR amounted to -X% per year.

Avocado Imports

Imports into Japan

In 2018, the amount of avocados imported into Japan amounted to X tonnes, jumping by X% against the previous year. In general, avocado imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, avocado imports amounted to $X in 2018. In general, avocado imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, Mexico (X tonnes) constituted the largest avocado supplier to Japan, accounting for a X% share of total imports. Moreover, avocado imports from Mexico exceeded the figures recorded by the second-largest supplier, Peru (X tonnes), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from Mexico stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and the U.S. (+X% per year).

In value terms, Mexico ($X) constituted the largest supplier of avocado to Japan, comprising X% of total avocado imports. The second position in the ranking was occupied by Peru ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Mexico totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2018, the average avocado import price amounted to $X per tonne, coming down by -X% against the previous year. Overall, the import price indicated a mild increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average import prices for avocados reached their peak figure at $X per tonne in 2017, and then declined slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform