Japan: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Japan

The Japanese preserved swine meat cut market expanded markedly to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Preserved swine meat cut consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from Japan

In 2022, the amount of prepared or preserved shoulders and cuts of swine meat exported from Japan shrank rapidly to X tons, falling by X% against 2021 figures. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, preserved swine meat cut exports contracted notably to $X in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons) was the main destination for preserved swine meat cut exports from Japan, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR stood at X%.

In value terms, Hong Kong SAR ($X) also remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from Japan.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR stood at X%.

Export Prices by Country

The average preserved swine meat cut export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to X% per year.

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Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into Japan

Preserved swine meat cut imports into Japan expanded markedly to X tons in 2022, with an increase of X% against 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved swine meat cut imports expanded notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of preserved swine meat cut to Japan, with a X% share of total imports. Moreover, preserved swine meat cut imports from the United States exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fivefold. Canada (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Canada (X% per year).

In value terms, the United States ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to Japan, comprising X% of total imports. The second position in the ranking was held by Denmark ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Canada (X% per year).

Import Prices by Country

The average preserved swine meat cut import price stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Canada ($X per ton), while the price for Chile ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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