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Japan - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Japan: Overview of the Market for Fish Fats And Oils 2021

Market Size for Fish Fats And Oils in Japan

In 2019, the Japanese fish fat and oil market decreased by -X% to $X, falling for the second consecutive year after three years of growth. In general, consumption continues to indicate a slight slump. The pace of growth appeared the most rapid in 2009 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2010 to 2019, the growth of the market remained at a lower figure.

Production of Fish Fats And Oils in Japan

In value terms, fish fat and oil production fell notably to $X in 2019 estimated in export prices. Overall, production saw a mild contraction. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% against the previous year. Fish fat and oil production peaked at $X in 2010; however, from 2011 to 2019, production stood at a somewhat lower figure.

Exports of Fish Fats And Oils

Exports from Japan

In 2019, the amount of fish fats and oils exported from Japan contracted modestly to X tonnes, which is down by -X% against 2018 figures. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes, and then shrank modestly in the following year.

In value terms, fish fat and oil exports expanded to $X in 2019. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum in 2019 and are likely to continue growth in the near future.

Exports by Country

Chile (X tonnes) was the main destination for fish fat and oil exports from Japan, accounting for a X% share of total exports. Moreover, fish fat and oil exports to Chile exceeded the volume sent to the second major destination, Switzerland (X tonnes), more than tenfold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Chile amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Viet Nam (+X% per year).

In value terms, Chile ($X) remains the key foreign market for fish fat and oil exports from Japan, comprising X% of total exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports. It was followed by Viet Nam, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Chile totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Viet Nam (+X% per year).

Export Prices by Country

In 2019, the average fish fat and oil export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. The export price peaked at $X per tonne in 2010; however, from 2011 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Chile ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fats And Oils

Imports into Japan

In 2019, after two years of decline, there was significant growth in overseas purchases of fish fats and oils, when their volume increased by X% to X tonnes. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, fish fat and oil imports skyrocketed to $X in 2019. Over the period under review, total imports indicated a moderate expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

Imports by Country

Chile (X tonnes), Peru (X tonnes) and the U.S. (X tonnes) were the main suppliers of fish fat and oil imports to Japan, with a combined X% share of total imports. These countries were followed by Thailand, Mexico, China, South Africa and Somalia, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Somalia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Chile ($X) and the U.S. ($X) appeared to be the largest fish fat and oil suppliers to Japan, together comprising X% of total imports. Thailand, China, Somalia, Mexico and South Africa lagged somewhat behind, together accounting for a further X (+X% per year) 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

In 2019, the average fish fat and oil import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, import price indicated a moderate increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, fish fat and oil import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Somalia ($X per tonne), while the price for Chile ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fats and oils in the world?
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The country with the largest volume of fish fat and oil consumption was China (659K tonnes), accounting for 15% of total volume. Moreover, fish fat and oil consumption in China exceeded the figures recorded by the second-largest consumer, Norway (327K tonnes), twofold. The third position in this ranking was occupied by the U.S. (302K tonnes), with a 6.9% share.
What are the largest producers of fish fats and oils in the world?
+
The countries with the highest volumes of fish fat and oil production in 2019 were China (634K tonnes), the U.S. (369K tonnes) and India (272K tonnes), together accounting for 29% of global production. These countries were followed by Norway, Peru, Japan, Russia, Brazil, Mexico, Pakistan, Bangladesh, Indonesia and Nigeria, which together accounted for a further 29%.
What are the leading suppliers of fish fats and oils to Japan?
+
In value terms, the largest fish fat and oil suppliers to Japan were Peru ($16M), Chile ($13M) and the U.S. ($6.9M), together comprising 56% of total imports. Thailand, China, Somalia, Mexico and South Africa lagged somewhat behind, together comprising a further 24%.
What are the leading importers of fish fats and oils from Japan?
+
In value terms, Chile ($22M) remains the key foreign market for fish fat and oil exports from Japan, comprising 43% of total exports. The second position in the ranking was occupied by Switzerland ($8.9M), with a 17% share of total exports. It was followed by Viet Nam, with a 12% share.
What is the average export price for fish fats and oils in Japan?
+
In 2019, the average fish fat and oil export price amounted to $2,887 per tonne, rising by 7.3% against the previous year.
What is the average import price for fish fats and oils in Japan?
+
The average fish fat and oil import price stood at $2,640 per tonne in 2019, dropping by -9% against the previous year.

Product coverage:
• Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

This report provides an in-depth analysis of the market for fish fat and oil in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Japan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Japan
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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