Japan: Market for Prepared Dishes and Meals 2024

Market Size for Prepared Dishes and Meals in Japan

The Japanese prepared dishes and meal market expanded remarkably to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared Dishes and Meals in Japan

In value terms, prepared dishes and meal production expanded rapidly to $X in 2022 estimated in export price. In general, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Prepared Dishes and Meals

Exports from Japan

For the ninth year in a row, Japan recorded growth in shipments abroad of prepared dishes and meals, which increased by X% to X tons in 2022. In general, exports showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, prepared dishes and meal exports dropped significantly to $X in 2022. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons), the United States (X tons) and South Korea (X tons) were the main destinations of prepared dishes and meal exports from Japan, with a combined X% share of total exports. China, Taiwan (Chinese), Vietnam, Singapore, Australia, the Netherlands, Malaysia, Thailand, the United Arab Emirates and the Philippines lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X) constituted the largest markets for prepared dishes and meal exported from Japan worldwide, with a combined X% share of total exports. Vietnam, the United States, South Korea, Singapore, Malaysia, Thailand, the Philippines, the Netherlands, Australia and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Vietnam, with a CAGR of X%, recorded the highest growth rate of 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

The average prepared dishes and meal export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price, however, showed mild growth. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 more modest paces of growth.

Imports of Prepared Dishes and Meals

Imports into Japan

In 2022, overseas purchases of prepared dishes and meals increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, prepared dishes and meal imports expanded slightly to $X in 2022. Over the period under review, imports, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), Thailand (X tons) and China (X tons) were the main suppliers of prepared dishes and meal imports to Japan, with a combined X% share of total imports. Singapore, New Zealand, Malaysia, Vietnam, the United States and Australia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared dishes and meal suppliers to Japan were the United States ($X), South Korea ($X) and China ($X), together accounting for X% of total imports. Singapore, Thailand, New Zealand, Malaysia, Vietnam and Australia lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 2022, the average prepared dishes and meal import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2017 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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