Japan - Honey - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHoney Price in Japan - 2023
Contents:
- Honey Price in Japan (CIF) - 2023
- Honey Price in Japan (FOB) - 2022
- Honey Imports in Japan
- Honey Exports in Japan
Honey Price in Japan (CIF) - 2023
The average honey import price stood at $3,244 per ton in September 2023, waning by -2.3% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 16% month-to-month. The import price peaked at $3,983 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was New Zealand ($27,707 per ton), while the price for China ($1,870 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Romania (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Honey Price in Japan (FOB) - 2022
In 2022, the average honey export price amounted to $13,767 per ton, with a decrease of -3.1% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, honey export price decreased by -29.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 36%. The export price peaked at $19,600 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($47,640 per ton), while the average price for exports to Macao SAR ($3,057 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 (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Honey Imports in Japan
Honey imports into Japan stood at 47K tons in 2022, almost unchanged from the previous year. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 10% against the previous year. As a result, imports reached the peak of 49K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, honey imports fell slightly to $168M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, imports reached the peak of $174M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Honey in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 68.6 | 73.7 | 67.3 | 65.4 | -1.6% |
| Canada | 14.4 | 16.6 | 22.3 | 24.5 | 19.4% |
| New Zealand | 25.4 | 42.7 | 28.6 | 22.4 | -4.1% |
| Argentina | 14.1 | 13.7 | 16.2 | 13.4 | -1.7% |
| Hungary | 8.1 | 8.2 | 8.3 | 11.8 | 13.4% |
| Myanmar | 0.9 | 1.8 | 2.0 | 3.5 | 57.3% |
| Ukraine | 0.6 | 0.6 | 2.4 | 3.4 | 78.3% |
| Vietnam | 0.4 | 0.1 | 1.2 | 1.7 | 62.0% |
| Others | 11.9 | 16.3 | 21.4 | 21.6 | 22.0% |
| Total | 145 | 174 | 170 | 168 | 5.0% |
Top Suppliers of Honey to Japan in 2022:
- China (30.8K tons)
- Canada (4.2K tons)
- Argentina (3.1K tons)
- Myanmar (1.6K tons)
- Hungary (1.5K tons)
- Ukraine (1.2K tons)
- Vietnam (0.9K tons)
- New Zealand (0.8K tons)
Honey Exports in Japan
In 2022, after three years of growth, there was significant decline in shipments abroad of honey, when their volume decreased by -41.8% to 20 tons. In general, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 67%. As a result, the exports attained the peak of 35 tons, and then contracted notably in the following year.
In value terms, honey exports shrank sharply to $280K in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 38%.
| Export of Honey in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.0 | 168 | 131 | 76.3 | 72.0% |
| Hong Kong SAR | 110 | 123 | 208 | 70.5 | -13.8% |
| Singapore | 20.7 | 3.9 | 45.9 | 49.6 | 33.8% |
| Taiwan (Chinese) | 41.6 | 40.9 | 23.3 | 31.7 | -8.7% |
| Thailand | 32.4 | 10.7 | 32.9 | 25.3 | -7.9% |
| Vietnam | 28.7 | 2.5 | 21.1 | 9.3 | -31.3% |
| United Arab Emirates | 11.8 | 8.3 | 27.7 | 5.6 | -22.0% |
| Macao SAR | 3.5 | 7.3 | 1.9 | 2.9 | -6.1% |
| South Korea | 6.9 | 3.7 | 2.2 | 2.5 | -28.7% |
| Others | 5.9 | 14.7 | 2.5 | 6.1 | 1.1% |
| Total | 276 | 383 | 496 | 280 | 0.5% |
Top Export Markets for Honey from Japan in 2022:
- Hong Kong SAR (9.3 tons)
- Taiwan (Chinese) (3.5 tons)
- Singapore (2.7 tons)
- China (1.6 tons)
- Vietnam (1.2 tons)
- Macao SAR (1.0 tons)
- Thailand (0.4 tons)
- South Korea (0.4 tons)
- United Arab Emirates (0.3 tons)
This report provides an in-depth analysis of the honey market 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 2030.
Product coverage:
- FCL 1182 - Honey
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In April 2023, the growth rate of Honey imports reached its peak with a 43% month-on-month increase. By November 2023, the value of Honey imports reached $12M.
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The growth of Honey was exceptionally fast in April 2023, experiencing a month-to-month increase of 43%. However, in October 2023, the value of honey imports decreased to $12M.
4992
In 2016, the market value of honey totaled $X. A slight drop in 2009 was followed by a sharp increase over the period from 2010-2013. However, the market value declined over the next two years, which was then followed by a recovery in 2016. Equall
10184
Global honey consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global honey imports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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In 2015 the global honey market value totaled X million USD. A slight drop in 2009 was followed by a sharp increase in 2010-2011.
1866
Global honey market production was estimated at X million USD in 2015, which was X million USD (or X%) below the peak production level of 2013.
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The value of total imports on the global honey market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of honey reached X thousand tons in 2015, which was X tho
9452
In 2015, the global market value of honey totaled X million USD. A slight drop in 2009 was followed by a sharp increase in 2010-2011. The next four years were characterized by mixed dynamics. In physical terms, the market showed gradual increase ov
1529
From 2007 to 2015, global exports of honey grew by +X% per year, amounting to X million USD in 2015. In physical terms, they reached X thousand tons in 2015, which was X thousand tons more than the year before.
