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Japan - Fresh Or Chilled Fish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Fish Fillet Price in Japan - 2023
Contents:
- Fresh Fish Fillet Price in Japan (CIF) - 2023
- Fresh Fish Fillet Price in Japan (FOB) - 2023
- Fresh Fish Fillet Imports in Japan
- Fresh Fish Fillet Exports in Japan
Fresh Fish Fillet Price in Japan (CIF) - 2023
In July 2023, the average fresh fish fillet import price amounted to $16,233 per ton, dropping by -3.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 12% against the previous month. Over the period under review, average import prices attained the peak figure at $18,091 per ton in April 2023; however, from May 2023 to July 2023, 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 Norway ($16,554 per ton) and Chile ($15,487 per ton), while the price for South Korea ($13,166 per ton) and Indonesia ($15,075 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 Norway (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Fish Fillet Price in Japan (FOB) - 2023
In July 2023, the average fresh fish fillet export price amounted to $31,031 per ton, with an increase of 5.4% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 5.6% against the previous month. The export price peaked at $31,192 per ton in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($68,404 per ton), while the average price for exports to the UK ($15,123 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Fish Fillet Imports in Japan
In 2022, after three years of growth, there was significant decline in purchases abroad of fresh or chilled fish fillets, when their volume decreased by -10.7% to 22K tons. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports attained the peak of 25K tons, and then reduced in the following year.
In value terms, fresh fish fillet imports dropped modestly to $316M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $323M, and then fell slightly in the following year.
Import of Fresh Fish Fillet in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 216 | 234 | 297 | 289 | 10.2% |
Indonesia | 22.0 | 18.2 | 12.9 | 11.6 | -19.2% |
Chile | 5.6 | 3.9 | 4.1 | 9.1 | 17.6% |
Others | 11.5 | 7.6 | 9.4 | 6.2 | -18.6% |
Total | 255 | 264 | 323 | 316 | 7.4% |
Top Suppliers of Fresh Fish Fillet to Japan in 2022:
- Norway (20.3K tons)
- Indonesia (0.8K tons)
- Chile (0.6K tons)
Fresh Fish Fillet Exports in Japan
In 2022, exports of fresh or chilled fish fillets from Japan soared to 2.4K tons, increasing by 40% against the previous year. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, fresh fish fillet exports skyrocketed to $69M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Fresh Fish Fillet in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 20.8 | 9.9 | 15.9 | 20.4 | -0.6% |
Hong Kong SAR | 9.4 | 10.3 | 17.3 | 17.1 | 22.1% |
Taiwan (Chinese) | 2.6 | 4.0 | 4.2 | 6.7 | 37.1% |
Thailand | 6.4 | 3.8 | 4.0 | 5.7 | -3.8% |
Singapore | 1.8 | 2.1 | 4.2 | 5.5 | 45.1% |
China | 0.4 | 1.2 | 2.6 | 5.3 | 136.6% |
Canada | 1.8 | 0.7 | 0.9 | 1.2 | -12.6% |
United Kingdom | 0.9 | 0.5 | 0.8 | 1.0 | 3.6% |
Others | 3.7 | 3.1 | 3.7 | 6.2 | 18.8% |
Total | 47.8 | 35.5 | 53.6 | 69.2 | 13.1% |
Top Export Markets for Fresh Fish Fillet from Japan in 2022:
- United States (1065.7 tons)
- Hong Kong SAR (456.2 tons)
- Taiwan (Chinese) (283.4 tons)
- Thailand (128.3 tons)
- Singapore (113.9 tons)
- China (78.9 tons)
- United Kingdom (73.0 tons)
- Canada (56.3 tons)
This report provides an in-depth analysis of the fresh fish fillet 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:
- Prodcom 10201100 - Fresh or chilled fish fillets and other fish meat without bones
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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