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Japan - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jun 1, 2025

Japan - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights

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Aug 12, 2023

Japan Witnessed a Staggering 12% Drop in Beef Prices, Hitting $5,337 per Ton

Japan Beef Import Price in April 2023

In April 2023, the beef price amounted to $5,337 per ton (CIF, Japan), with a decrease of -11.8% against the previous month. Over the period under review, the import price showed a mild reduction. The most prominent rate of growth was recorded in March 2023 an increase of 13% against the previous month. Over the period under review, average import prices attained the peak figure at $6,985 per ton in May 2022; however, from June 2022 to April 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In April 2023, the highest price was recorded for prices from New Zealand ($5,729 per ton) and Australia ($5,547 per ton), while the price for Canada ($4,066 per ton) and Mexico ($5,010 per ton) were amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Mexico (-0.6%), while the prices for the other major suppliers experienced a decline.

Japan Beef Import Prices By Country (USD Per Ton)

Japan Beef Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In April 2023, the product with the highest price was meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled ($22,285 per ton), while the price for meat; of bovine animals, boneless cuts, frozen ($4,229 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled (+0.9%), while the prices for the other products experienced more modest paces of growth.

Japan Beef Imports

In April 2023, overseas purchases of beef (cattle meat) were finally on the rise to reach 68K tons after two months of decline. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, beef imports skyrocketed to $362M (IndexBox estimates) in April 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern.

Japan Beef Imports by Type

In April 2023, meat; of bovine animals, boneless cuts, frozen (47K tons) constituted the largest type of beef supplied to Japan, with a 69% share of total imports. Moreover, meat; of bovine animals, boneless cuts, frozen exceeded the figures recorded for the second-largest type, meat; of bovine animals, boneless cuts, fresh or chilled (21K tons), twofold. Meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen (119 tons) ranked third in terms of total imports with a 0.2% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of import of meat; of bovine animals, boneless cuts, frozen stood at +1.1%. With regard to the other supplied products, the following average monthly rates of growth were recorded: meat; of bovine animals, boneless cuts, fresh or chilled (+0.3% per month) and meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen (-0.4% per month).

In value terms, the most traded types of beef (cattle meat) in Japan were meat; of bovine animals, boneless cuts, frozen ($197M), meat; of bovine animals, boneless cuts, fresh or chilled ($163M) and meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled ($1.6M), together accounting for 100% of total imports.

Japan Beef Imports by Country

The United States (27K tons), Australia (27K tons) and Canada (7.9K tons) were the main suppliers of beef imports to Japan, together accounting for 92% of total imports.

From April 2022 to April 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +4.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest beef suppliers to Japan were Australia ($150M), the United States ($148M) and Canada ($32M), together accounting for 91% of total imports.

In terms of the main suppliers, Canada, with a CAGR of +0.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the beef 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 947 - Buffalo meat
  • FCL 867 - Meat of cattle

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024

  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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