Japan: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2024

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in Japan

In 2023, the Japanese market for jellyfish, dried, salted or in brine, smoked was finally on the rise to reach $X after two years of decline. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in Japan

In value terms, production of jellyfish, dried, salted or in brine, smoked reduced markedly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2022 to 2023, production of growth remained at a lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports from Japan

In 2023, exports of jellyfish, dried, salted or in brine, smoked from Japan fell rapidly to X tons, with a decrease of X% compared with the year before. Over the period under review, exports continue to indicate a pronounced setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of jellyfish, dried, salted or in brine, smoked dropped rapidly to $X in 2023. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

China (X tons) was the main destination for exports of jellyfish, dried, salted or in brine, smoked from Japan, with a X% share of total exports. It was followed by Malaysia (X tons), with a X% share of total exports. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and the United States (X% per year).

In value terms, China ($X) remains the key foreign market for jellyfish, dried, salted or in brine, smoked exports from Japan, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2023, the average export price for jellyfish, dried, salted or in brine, smoked amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Hong Kong SAR ($X per ton), while the average price for exports to China ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports into Japan

In 2023, imports of jellyfish, dried, salted or in brine, smoked into Japan fell to X tons, reducing by X% on 2022 figures. Overall, imports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, imports of hit record highs at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, imports of jellyfish, dried, salted or in brine, smoked shrank to $X in 2023. In general, imports continue to indicate a pronounced decline. The growth pace was the most rapid in 2022 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.

Imports by Country

China (X tons), Thailand (X tons) and Malaysia (X tons) were the main suppliers of imports of jellyfish, dried, salted or in brine, smoked to Japan, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest jellyfish, dried, salted or in brine, smoked suppliers to Japan were China ($X), Malaysia ($X) and Thailand ($X), together accounting for X% of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for jellyfish, dried, salted or in brine, smoked stood at $X per ton in 2023, growing by X% against the previous year. In general, the import price, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform