Japan: Olive Market Overview 2021

Olive Market Size in Japan

For the third consecutive year, the Japanese olive market recorded decline in sales value, which decreased by -X% to $X in 2019. In general, consumption, however, saw a precipitous descent. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Olive consumption peaked at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.

Olive Exports

Exports from Japan

In 2019, the amount of olives exported from Japan totaled X kg, approximately equating the previous year. In general, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Exports peaked at X kg in 2014; however, from 2015 to 2019, exports remained at a lower figure.

In value terms, olive exports stood at $X in 2019. Overall, exports showed a modest expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

Singapore (X kg) was the main destination for olive exports from Japan, with a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Singapore totaled +X%.

From 2012 to 2019, the average annual growth rate of value to Singapore stood at +X%.

Export Prices by Country

In 2019, the average olive export price amounted to $X per tonne, remaining constant against the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2019, the rate of growth in terms of prices for Singapore amounted to -X% per year.

Olive Imports

Imports into Japan

Olive imports into Japan reached X tonnes in 2019, growing by X% on the previous year. Overall, imports, however, saw a dramatic contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, olive imports dropped to $X in 2019. In general, imports, however, saw a dramatic slump. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Italy (X tonnes) constituted the largest olive supplier to Japan, with a X% share of total imports. Moreover, olive imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), fourfold. The U.S. (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of volume from Italy amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and the U.S. (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of olive to Japan, comprising X% of total imports. The second position in the ranking was occupied by Greece ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of value from Italy totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average olive import price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Greece, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for olives in the world?

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Spain (6M tonnes) remains the largest olive consuming country worldwide, comprising approx. 31% of total volume. Moreover, olive consumption in Spain exceeded the figures recorded by the second-largest consumer, Italy (2.2M tonnes), threefold. The third position in this ranking was occupied by Morocco (1.9M tonnes), with a 9.8% share.

What are the largest producers of olives in the world?

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The country with the largest volume of olive production was Spain (6M tonnes), comprising approx. 31% of total volume. Moreover, olive production in Spain exceeded the figures recorded by the second-largest producer, Italy (2.2M tonnes), threefold. Morocco (1.9M tonnes) ranked third in terms of total production with a 9.8% share.

What are the leading suppliers of olives to Japan?

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In value terms, Italy ($124K) constituted the largest supplier of olive to Japan, comprising 73% of total imports. The second position in the ranking was occupied by Greece ($23K), with a 13% share of total imports. It was followed by Spain, with a 6.2% share.

What is the average export price for olives in Japan?

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The average olive export price stood at $2,344 per tonne in 2019, standing approx. at the previous year.

What is the average import price for olives in Japan?

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In 2019, the average olive import price amounted to $3,489 per tonne, dropping by -11.1% against the previous year.