Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan - 2024

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan (CIF) - 2024
  2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan (FOB) - 2024
  3. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan
  4. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan (CIF) - 2024

The average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $7,689 per ton in July 2023, approximately equating the previous month. In general, the import price, however, continues to indicate a abrupt downturn. Over the period under review, average import prices attained the peak figure at $11,672 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From May 2023 to July 2023, the rate of growth in terms of prices for the United States amounted to -18.7% per month.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan (FOB) - 2024

In July 2023, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $8,193 per ton, waning by -17.2% against the previous month. In general, the export price continues to indicate a sharp shrinkage. As a result, the export price attained the peak level of $49,130 per ton. From May 2023 to July 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In July 2023, the country with the highest price was Singapore ($10,008 per ton), while the average price for exports to Hong Kong SAR ($7,974 per ton) was amongst the lowest.

From April 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-33.3%), while the prices for the other major destinations experienced a decline.

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan

After three years of growth, purchases abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes decreased by -53.6% to 5.9K tons in 2022. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports reached the peak of 13K tons, and then fell sharply in the following year.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes contracted remarkably to $73M in 2022. Over the period under review, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of $121M, and then shrank rapidly in the following year.

Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States38.642.155.831.4-6.7%
Chile0.81.82.22.750.0%
Canada0.41.41.41.035.7%
New Zealand0.50.80.61.026.0%
Australia0.20.50.40.535.7%
Others40.546.660.536.7-3.2%
Total81.193.312173.4-3.3%

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Japan in 2022:

  1. United States (2551.6 tons)
  2. Chile (189.1 tons)
  3. New Zealand (87.0 tons)
  4. Canada (64.5 tons)
  5. Australia (44.5 tons)

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan

In 2022, approx. 4.8K tons of apricots, cherries, peaches (including nectarines), plums and sloes, freshes were exported from Japan; rising by 21% on the year before. The total export volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes expanded slightly to $45M in 2022. The total export value increased at an average annual rate of +8.3% 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 21% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR12.713.416.016.910.0%
Taiwan (Chinese)3.93.34.44.11.7%
Singapore0.50.60.70.921.6%
Others18.318.121.923.18.1%
Total35.435.543.045.08.3%

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Japan in 2022:

  1. Hong Kong SAR (1.8K tons)
  2. Taiwan (Chinese) (0.4K tons)
  3. Singapore (0.1K tons)

Source: IndexBox Market Intelligence Platform

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