![Japan - Palm Oil - Market Analysis, Forecast, Size, Trends and Insights](/landing/img/reports/japan-palm-oil-market-analysis-forecast-size-trends-and-insights.webp)
Japan - Palm Oil - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPalm Oil Price in Japan - 2023
Contents:
- Palm Oil Price in Japan (CIF) - 2023
- Palm Oil Price in Japan (FOB) - 2022
- Palm Oil Imports in Japan
- Palm Oil Exports in Japan
Palm Oil Price in Japan (CIF) - 2023
The average palm oil import price stood at $1,030 per ton in July 2023, remaining constant against the previous month. In general, the import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 2.5% against the previous month. The import price peaked at $1,606 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($1,030 per ton), while the price for Indonesia stood at $1,026 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (-3.1%).
Palm Oil Price in Japan (FOB) - 2022
In 2022, the average palm oil export price amounted to $7,422 per ton, growing by 31% against the previous year. Over the period under review, the export price saw strong growth. The most prominent rate of growth was recorded in 2015 an increase of 83%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($8,163 per ton), while the average price for exports to the Netherlands ($2,599 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 Russia (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Palm Oil Imports in Japan
For the third year in a row, Japan recorded decline in supplies from abroad of palm oil, which decreased by -0.3% to 636K tons in 2022. Overall, imports saw a deep setback.
In value terms, palm oil imports soared to $872M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Palm Oil in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 331 | 323 | 440 | 691 | 27.8% |
Indonesia | 167 | 224 | 235 | 179 | 2.3% |
Others | 0.7 | 0.7 | 0.6 | 1.0 | 12.6% |
Total | 498 | 548 | 675 | 872 | 20.5% |
Top Suppliers of Palm Oil to Japan in 2022:
- Malaysia (500.2K tons)
- Indonesia (135.2K tons)
Palm Oil Exports in Japan
In 2022, approx. 14 tons of palm oil were exported from Japan; which is down by -18.6% compared with the year before. In general, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 95% against the previous year.
In value terms, palm oil exports rose markedly to $103K in 2022. Overall, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 101%.
Export of Palm Oil in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 29.8 | 21.6 | 42.1 | 31.3 | 1.7% |
Russia | 12.9 | 13.4 | 13.0 | 27.9 | 29.3% |
Germany | N/A | N/A | 28.1 | 23.7 | -15.7% |
China | 10.9 | 6.5 | 2.0 | 7.3 | -12.5% |
Thailand | 4.5 | 4.6 | 11.6 | 4.7 | 1.5% |
South Korea | 7.3 | N/A | N/A | 3.7 | -20.3% |
Vietnam | N/A | N/A | N/A | 2.7 | 0% |
Netherlands | N/A | N/A | N/A | 1.9 | 0% |
Taiwan (Chinese) | 114 | N/A | N/A | N/A | 0% |
Others | N/A | 2.0 | N/A | N/A | 0% |
Total | 180 | 48.1 | 96.9 | 103 | -17.0% |
Top Export Markets for Palm Oil from Japan in 2022:
- Russia (4.6 tons)
- Belgium (3.8 tons)
- China (1.8 tons)
- South Korea (1.3 tons)
- Thailand (1.0 tons)
- Netherlands (0.7 tons)
- Vietnam (0.4 tons)
- Germany (0.3 tons)
This report provides an in-depth analysis of the palm oil 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 257 - Oil of palm
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the palm oil market in Japan.
This report provides an in-depth analysis of the palm fruit oil market in Japan.
This report provides an in-depth analysis of the crude palm oil market in Japan.
This report provides an in-depth analysis of the refined palm oil market in Japan.
This report provides an in-depth analysis of the transmission shaft market in Japan.
This report provides an in-depth analysis of the linseed oil market in Japan.
This report provides an in-depth analysis of the surgical glove market in Japan.
This report provides an in-depth analysis of the market for caustic soda in the solid form in Japan.
This report provides an in-depth analysis of the market for reaction initiators and accelerators in Japan.
This report provides an in-depth analysis of the hard plastic comb market in Japan.
In April 2023, the price of the Transmission Shaft reached $14,342 per ton (FOB, Japan), showing a 1.6% increase from the previous month.
Linseed Oil imports reached their highest point at 9.1K tons in 2019, but saw a decline from 2020 to 2023. In terms of value, imports fell significantly to $15M in 2023.
In February 2023, the printing ink price stood at $19,968 per ton, therefore (FOB, Japan), remained relatively stable against the previous month.
Learn about the top five import markets for palm oil and their respective import values in 2022. India ranks as the largest importer, followed by China, Pakistan, the United States, and the Netherlands. These countries exhibit significant demand for palm oil due to various factors such as population size, dietary preferences, and industrial applications. Understanding the dynamics of these import markets is crucial for palm oil producers, traders, and other stakeholders in the industry. Get comprehensive insights into the global palm oil market with IndexBox's recent market report.
While Indonesia, planning to expand production, fights for the EU's recognition of palm oil as a biofuel, Malaysia is faced with an acute shortage of labor due to the outflow of guest workers after the pandemic.
In 2015, the countries with the highest levels of palm fruit oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
Explore the top import markets for crude palm oil and the key statistics in the global industry. Learn about the leading countries, import values, and trends.
The global palm oil market revenue amounted to $48B in 2017, surging by 10% against the previous year. This figure reflect...
The global palm oil market increased from X tons in 2007 to X tons in 2016, expanding with an annual average growth rate of +X% per year over that period.
Global palm oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.