Japan: Bread And Bakery Market 2024

Bread And Bakery Market Size in Japan

The Japanese bread and bakery market totaled $X in 2023, remaining constant against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Bread And Bakery Production in Japan

In value terms, bread and bakery production reached $X in 2023 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Bread and bakery production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Bread And Bakery Exports

Exports from Japan

In 2023, after three years of growth, there was significant decline in shipments abroad of bread and bakery, when their volume decreased by X% to X tons. Overall, total exports indicated a buoyant expansion from 2012 to 2023: its volume 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. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2022, and then reduced in the following year.

In value terms, bread and bakery exports dropped to $X in 2023. In general, total exports indicated buoyant growth from 2012 to 2023: its value 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 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons), the United States (X tons) and Taiwan (Chinese) (X tons) were the main destinations of bread and bakery exports from Japan, together accounting for X% of total exports. China, Singapore, South Korea, Thailand, Vietnam, Canada, Australia, Saudi Arabia and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bread and bakery exported from Japan were Hong Kong SAR ($X), the United States ($X) and China ($X), together comprising X% of total exports. Taiwan (Chinese), Singapore, South Korea, Vietnam, Thailand, Canada, Malaysia, Australia and Saudi Arabia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average bread and bakery export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price recorded a slight curtailment. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Bread And Bakery Imports

Imports into Japan

In 2023, after seven years of growth, there was significant decline in purchases abroad of bread and bakery, when their volume decreased by X% to X tons. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2022, and then fell in the following year.

In value terms, bread and bakery imports dropped to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then declined in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of bread and bakery to Japan, with a X% share of total imports. Moreover, bread and bakery imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United States (X% per year).

In value terms, China ($X), Malaysia ($X) and the United States ($X) were the largest bread and bakery suppliers to Japan, together accounting for X% of total imports. France, Vietnam, Indonesia, Italy, Thailand, South Korea, the Netherlands, Belgium and Spain lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bread and bakery import price stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price showed a modest expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform