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Japan - Frozen Fish And Seafood - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

Japan - Frozen Fish And Seafood - Market Analysis, Forecast, Size, Trends And Insights

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Nov 20, 2024

In 2023, Japan's Imports of Frozen Fish and Seafood Drop by 15%, Reaching $8.3 Billion.

Japan Frozen Fish and Seafood Imports

In 2023, purchases abroad of frozen fish and seafood decreased by -5.3% to 1.3M tons for the first time since 2020, thus ending a two-year rising trend. In general, imports showed a mild shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 4.9% against the previous year. As a result, imports reached the peak of 1.6M tons. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, frozen fish and seafood imports fell to $8.3B (IndexBox estimates) in 2023. Overall, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 11%. As a result, imports reached the peak of $9.9B. From 2018 to 2023, the growth of imports remained at a lower figure.Japan Frozen Fish and Seafood Imports By Country (Million USD)

COUNTRYImport Value of Frozen Fish and Seafood in Japan (million USD)
20132014201520162017201820192020202120222023
Chile9681,1749429251,2041,1971,2921,1701,1751,2481,100
United States1,0211,1171,1841,1011,3251,2831,1171,0021,1241,2021,008
Russia1,0839787919169571,1209518191,0701,017784
China737765685775918856834717757825725
Norway516573551605568586607501569604578
Vietnam587605515505625567550486488574446
India416441377403430421428378460455384
Others4,1603,9453,5683,6813,9093,7883,7103,2523,5243,8593,311
Total9,4889,5988,6148,9119,9369,8189,4898,3259,1679,7838,337

Imports by Country

the United States (236K tons), Chile (144K tons) and Norway (127K tons) were the main suppliers of frozen fish and seafood imports to Japan, with a combined 38% share of total imports. China, Russia, India and Vietnam lagged somewhat behind, together comprising a further 27%.

From 2013 to 2023, the biggest increases were recorded for India (with a CAGR of +2.9%), while purchases for the other leaders experienced a decline.

In value terms, Chile ($1.1B), the United States ($1B) and Russia ($784M) constituted the largest frozen fish and seafood suppliers to Japan, together comprising 35% of total imports.

Chile, with a CAGR of +1.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Imports by Type

In 2023, frozen whole fish (568K tons) constituted the largest type of frozen fish and seafood supplied to Japan, with a 42% share of total imports. Moreover, frozen whole fish exceeded the figures recorded for the second-largest type, frozen fish fillet (237K tons), twofold. The third position in this ranking was taken by frozen fish meat (233K tons), with a 17% share.

From 2013 to 2023, the average annual growth rate of the volume of frozen whole fish imports amounted to -1.9%. With regard to the other supplied products, the following average annual rates of growth were recorded: frozen fish fillet (+0.6% per year) and frozen fish meat (-0.2% per year).

In value terms, frozen fish and seafood with the largest imports in Japan were frozen whole fish ($2.7B), frozen fish fillet ($2.2B) and frozen crustaceans ($1.7B), with a combined 80% share of total imports.

Import Prices by Country

In 2023, the frozen fish and seafood price stood at $6,190 per ton (CIF, Japan), shrinking by -10% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 8.4%. Over the period under review, average import prices reached the maximum at $6,878 per ton in 2022, and then reduced in the following year.

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 Russia ($8,544 per ton), while the price for the United States ($4,280 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Chile (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for frozen fish and seafood 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:

  • Prodcom 10201330 - Frozen whole salt water fish
  • Prodcom 10201360 - Frozen whole fresh water fish
  • Prodcom 10201400 - Frozen fish fillets
  • Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
  • Prodcom 10201600 - Frozen fish livers and roes

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 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 Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

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

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    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

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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