Flakes; of Potatoes Price in Japan - 2023
Contents:
- Flakes; of Potatoes Price in Japan (CIF) - 2023
- Flakes; of Potatoes Price in Japan (FOB) - 2022
- Flakes; of Potatoes Imports in Japan
- Flakes; of Potatoes Exports in Japan
Flakes; of Potatoes Price in Japan (CIF) - 2023
The average flakes; of potatoes import price stood at $2,693 per ton in July 2023, increasing by 12% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.0%. The most prominent rate of growth was recorded in April 2023 an increase of 16% month-to-month. As a result, import price attained the peak level of $2,836 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Belgium ($2,871 per ton) and the United States ($2,768 per ton), while the price for India ($2,178 per ton) and Germany ($2,687 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Flakes; of Potatoes Price in Japan (FOB) - 2022
In 2022, the average flakes; of potatoes export price amounted to $1,928 per ton, shrinking by -9.8% against the previous year. In general, the export price saw a dramatic decline. The pace of growth was the most pronounced in 2020 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum at $19,453 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,876 per ton), while the average price for exports to Tanzania stood at $912 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+105.1%), while the prices for the other major destinations experienced mixed trend patterns.
Flakes; of Potatoes Imports in Japan
In 2022, supplies from abroad of flakes; of potatoeses decreased by -11.3% to 20K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a pronounced slump. The pace of growth appeared the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 26K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, flakes; of potatoes imports rose rapidly to $40M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, imports reached the peak of $44M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Flakes; of Potatoes in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.8 | 37.7 | 30.6 | 29.3 | -3.7% |
| Germany | 1.5 | 5.3 | 5.2 | 6.8 | 65.5% |
| India | N/A | N/A | 0.1 | 1.9 | 1800.0% |
| Bangladesh | 0.4 | 0.5 | 0.5 | 0.8 | 26.0% |
| Belgium | 0.4 | 0.6 | 0.7 | 0.7 | 20.5% |
| Others | 0.3 | 0.2 | 0.5 | 0.5 | 18.6% |
| Total | 35.3 | 44.3 | 37.7 | 40.0 | 4.3% |
Top Suppliers of Flakes; of Potatoes to Japan in 2022:
- United States (13.3K tons)
- Germany (4.4K tons)
- India (1.1K tons)
- Bangladesh (0.5K tons)
- Belgium (0.4K tons)
Flakes; of Potatoes Exports in Japan
In 2022, approx. 9.8 tons of flakes; of potatoeses were exported from Japan; increasing by 656% on the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, flakes; of potatoes exports surged to $19K in 2022. In general, exports recorded a significant increase.
| Export of Flakes; of Potatoes in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 0.1 | 8.9 | 0.2 | 6.2 | 295.8% |
| Tanzania | N/A | N/A | N/A | 0.1 | 0% |
| Belgium | 3.3 | N/A | N/A | N/A | 0% |
| Germany | N/A | 1.4 | N/A | N/A | 0% |
| Malaysia | 0.8 | 20.9 | 1.0 | N/A | 11.8% |
| Kuwait | N/A | 1.7 | 0.5 | N/A | -70.6% |
| Netherlands | 0.8 | N/A | N/A | N/A | 0% |
| Others | 4.1 | 2.2 | 1.1 | 12.6 | 45.4% |
| Total | 9.0 | 35.1 | 2.8 | 18.9 | 28.1% |
Top Export Markets for Flakes; of Potatoes from Japan in 2022:
- Hong Kong SAR (3.3 tons)
- Tanzania (0.1 tons)
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