Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan - 2023

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan (CIF) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan (FOB) - 2022
  3. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan
  4. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan (CIF) - 2022

In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $93,496 per ton, dropping by -31.9% against the previous year. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 38% against the previous year. Over the period under review, average import prices reached the peak figure at $188,267 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($686,388 per ton), while the price for Guatemala ($5,427 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan (FOB) - 2022

The average export price for edible products of animal origin; not elsewhere specified or includeds stood at $70,010 per ton in 2022, declining by -57.6% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 154%. As a result, the export price attained the peak level of $164,958 per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($85,131 per ton), while the average price for exports to Hong Kong SAR ($38,028 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 South Korea (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan

For the third consecutive year, Japan recorded decline in overseas purchases of edible products of animal origin; not elsewhere specified or includeds, which decreased by -23% to 20 tons in 2022. Over the period under review, imports recorded a abrupt downturn. The smallest decline of -9.6% was in 2021.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds contracted remarkably to $1.9M in 2022. Overall, imports showed a significant contraction. The smallest decline of -14.2% was in 2020.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,8503,1462,397545-47.9%
Malaysia682637525488-10.6%
Taiwan (Chinese)456184365177-27.1%
Thailand68.010270.515230.8%
VietnamN/A2.88.6111529.6%
GuatemalaN/AN/AN/A55.40%
Others382598185333-4.5%
Total5,4394,6693,5511,862-30.0%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Japan in 2022:

  1. Guatemala (10.2 tons)
  2. Thailand (3.8 tons)
  3. China (3.7 tons)
  4. Taiwan (Chinese) (0.7 tons)
  5. Malaysia (0.7 tons)
  6. Vietnam (0.4 tons)

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan

In 2022, approx. 1 tons of edible products of animal origin; not elsewhere specified or includeds were exported from Japan; increasing by 16% compared with 2021 figures. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 241%. As a result, the exports attained the peak of 1.6 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds contracted rapidly to $72K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 191% against the previous year.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)12.356.740.135.041.7%
Vietnam6.54.68.828.062.7%
ThailandN/AN/A39.93.6-91.0%
Hong Kong SARN/AN/AN/A2.70%
South Korea3.023.623.3N/A178.7%
Slovakia11.3N/AN/AN/A0%
China2.29.1N/AN/A313.6%
SwedenN/AN/A30.8N/A0%
OthersN/A8.43.22.3-47.7%
Total35.210214671.626.7%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Japan in 2022:

  1. Vietnam (534.0 kg)
  2. Taiwan (Chinese) (411.0 kg)
  3. Hong Kong SAR (71.0 kg)
  4. Thailand (5.0 kg)

Source: IndexBox Market Intelligence Platform

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