Japan: Avocado Market 2022

Avocado Exports

Exports from Japan

In 2020, shipments abroad of avocados decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. In general, exports continue to indicate a slight downturn. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, the exports attained the peak figure at X tonnes in 2013; however, from 2014 to 2020, the exports failed to regain momentum.

In value terms, avocado exports contracted markedly to $X in 2020. Overall, exports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. The exports peaked at $X in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume to Hong Kong SAR stood at -X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR stood at -X%.

Export Prices by Country

In 2020, the average avocado export price amounted to $X per tonne, picking up by X% against the previous year. Overall, the export price, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2017 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 2020, the 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 Hong Kong SAR.

From 2007 to 2020, the rate of growth in terms of prices for Hong Kong SAR amounted to +X% per year.

Avocado Imports

Imports into Japan

For the third consecutive year, Japan recorded growth in overseas purchases of avocados, which increased by X% to X tonnes in 2020. In general, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to continue growth in the near future.

In value terms, avocado imports expanded notably to $X in 2020. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, 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), eightfold.

From 2007 to 2020, 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 United States (+X% per year).

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

From 2007 to 2020, 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 United States (+X% per year).

Import Prices by Country

The average avocado import price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2018 to 2020, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was the United States ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Peru (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform