Japan: Beef Market Overview 2020

Beef Market Size in Japan

The revenue of the beef market in Japan amounted to $X in 2017, jumping by X% against the previous year. Overall, the total market indicated a temperate increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017, when it surged by X% y-o-y. Japan beef consumption peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Beef Production in Japan

In 2017, approx. X kg of beef (cattle meat) were produced in Japan; leveling off at the previous year. In general, beef production continues to indicate a relatively flat trend pattern. Beef output in Japan indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a relatively flat trend pattern in yield figures.

In 2017, average beef yield in Japan totaled X kg per head, reducing by -X% against the previous year. In general, beef yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, with an increase of X% y-o-y. Over the period under review, the beef yield reached its maximum level of X kg per head in 2015; however, from 2016 to 2017, it failed to regain its momentum.

The number of animals slaughtered for beef production in Japan stood at X head in 2017, going down by -X% against the previous year. In general, beef producing animals continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. In that year, this number reached their peak figure of X heads. From 2009 to 2017, growth of this number failed to regain its momentum.

Beef Exports from Japan

In 2017, approx. X tonnes of beef (cattle meat) were exported from Japan; increasing by X% against the previous year. Overall, beef exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Over the period under review, the beef exports reached its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, beef exports stood at $X in 2017. In general, beef exports continue to indicate a remarkable expansion. Over the period under review, the beef exports attained its peak figure level in 2017, and are likely to see steady growth in the immediate term.

Beef Exports by Country from Japan

The countries with the highest levels of beef exports in 2017 were India (X tonnes), Brazil (X tonnes), Australia (X tonnes) and the U.S. (X tonnes), together reaching X% of total export. The Netherlands (X tonnes), New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Paraguay (X tonnes), Canada (X tonnes), Uruguay (X tonnes) and Argentina (X tonnes) took the minor share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), Australia ($X) and Brazil ($X), with a combined X% share of total exports. These countries were followed by India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina, Paraguay and Japan, which together accounted for a further X%.

Japan (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in Japan

The beef export price in Japan stood at $X per tonne in 2017, dropping by -X% against the previous year. Overall, the export price indicated a conspicuous expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% against the previous year. Over the period under review, the export prices for beef (cattle meat) attained its peak figure level of $X per tonne in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into Japan

In 2017, the amount of beef (cattle meat) imported into Japan stood at X tonnes, going up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2017, with an increase of X% year-to-year. In that year, the beef imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, beef imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. Japan imports peaked in 2017, and are likely to continue its growth in the immediate term.

Beef Imports by Country into Japan

The imports of the twelve major importers of beef (cattle meat), namely the U.S., Viet Nam, China, Japan, China, Hong Kong SAR, Italy, South Korea, the Netherlands, Germany, Egypt, Russia and the UK, represented more than half of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Japan ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Viet Nam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia and Egypt lagged somewhat behind, together comprising a further X%.

Viet Nam (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in Japan

In 2017, the beef import price in Japan amounted to $X per tonne, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% against the previous year. Over the period under review, the import prices for beef (cattle meat) reached its peak figure level of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform