Japan: Milled Rice Market 2020

Milled Rice Market Size in Japan

The revenue of the milled rice market in Japan amounted to $X in 2018, dropping by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Milled rice consumption peaked at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

Milled Rice Production in Japan

In value terms, milled rice production totaled $X in 2018 estimated in export prices. Over the period under review, the total output indicated resilient growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. Over the period under review, milled rice production attained its peak figure level at $X in 2017, and then declined slightly in the following year.

Average yield of milled rice in Japan totaled X ton per ha in 2018, therefore, remained relatively stable against the previous year. Overall, the milled rice yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when yield increased by X% y-o-y. Milled rice yield peaked at X ton per ha in 2016; however, from 2017 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of milled rice production in Japan totaled X ha, approximately equating the previous year. In general, the milled rice harvested area continues to indicate a slight downturn. The growth pace was the most rapid in 2013 when harvested area increased by X% against the previous year. Milled rice harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area remained at a lower figure.

Milled Rice Exports

Exports from Japan

In 2018, the amount of milled rice exported from Japan amounted to X tons, going up by X% against the previous year. In general, milled rice exports continue to indicate a temperate increase. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. Exports peaked at X tons in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

In value terms, milled rice exports amounted to $X in 2018. Over the period under review, milled rice exports continue to indicate strong growth. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, milled rice exports attained their maximum at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China, Hong Kong SAR (X tons), Cote d'Ivoire (X tons) and Senegal (X tons) were the main destinations of milled rice exports from Japan, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Senegal, while exports for the other leaders experienced more modest paces of growth.

In value terms, China, Hong Kong SAR ($X), Singapore ($X) and the U.S. ($X) appeared to be the largest markets for milled rice exported from Japan worldwide, together accounting for X% of total exports. Cote d'Ivoire, Taiwan, Chinese, Senegal, Congo, Sao Tome and Principe, Burkina Faso, Guinea, Togo and Rwanda lagged somewhat behind, together comprising a further X the main countries of destination, Senegal (+X% per year) recorded the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average milled rice export price stood at $X per ton in 2018, waning by -X% against the previous year. Overall, the milled rice export price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. Over the period under review, the average export prices for milled rice reached their maximum at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per ton), while the average price for exports to Guinea ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan, Chinese, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Japan

In 2018, approx. X tons of milled rice were imported into Japan; increasing by X% against the previous year. Over the period under review, milled rice imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Imports peaked at X tons in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, milled rice imports totaled $X in 2018. In general, milled rice imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, milled rice imports reached their peak figure at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. (X tons), Thailand (X tons) and China (X tons) were the main suppliers of milled rice imports to Japan, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Thailand, while imports for the other leaders experienced a decline.

In value terms, the U.S. ($X) constituted the largest supplier of milled rice to Japan, comprising X% of total milled rice imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and China (-X% per year).

Import Prices by Country

In 2018, the average milled rice import price amounted to $X per ton, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. In that year, the average import prices for milled rice reached their peak level of $X per ton. From 2010 to 2018, the growth in terms of the average import prices for milled rice failed to regain its momentum.

Average prices varied noticeably amongst the major supplying countries. In 2018, the countries with the highest prices were Australia ($X per ton) and China ($X per ton), while the price for Thailand ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform