Japan - Provitamins And Vitamins - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJapan's Vitamin Import Drops Significantly to $211 Million in 2023
Japan Vitamin Imports
In 2023, supplies from abroad of provitamins and vitamins decreased by -10.7% to 21K tons for the first time since 2020, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.8% from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. Over the period under review, imports reached the peak figure at 23K tons in 2022, and then shrank in the following year.
In value terms, vitamin imports declined to $211M (IndexBox estimates) in 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 32%. Over the period under review, imports attained the maximum at $319M in 2018; however, from 2019 to 2023, imports remained at a lower figure.
| COUNTRY | Import Value of Vitamin in Japan (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 101 | 98.5 | 91.3 | 109 | 165 | 193 | 126 | 115 | 129 | 149 | 124 |
| Germany | 22.0 | 18.3 | 17.7 | 21.8 | 26.6 | 30.1 | 25.3 | 26.6 | 17.7 | 21.7 | 18.8 |
| Switzerland | 14.8 | 12.6 | 11.4 | 14.3 | 15.6 | 31.4 | 17.8 | 26.3 | 23.2 | 21.4 | 17.0 |
| United Kingdom | 10.2 | 9.3 | 8.9 | 12.7 | 15.4 | 18.7 | 13.1 | 16.1 | 14.1 | 15.2 | 15.0 |
| France | 15.2 | 12.6 | 11.6 | 11.9 | 15.1 | 15.9 | 14.2 | 14.4 | 13.7 | 9.7 | 9.9 |
| Spain | 10.2 | 7.5 | 9.0 | 7.3 | 5.9 | 7.8 | 6.0 | 7.6 | 10.6 | 7.2 | 8.6 |
| United States | 14.5 | 8.9 | 8.6 | 8.8 | 7.5 | 6.6 | 4.2 | 5.6 | 5.6 | 4.2 | 7.4 |
| Others | 10.5 | 9.5 | 11.5 | 13.5 | 13.3 | 15.3 | 15.7 | 12.4 | 11.6 | 14.1 | 10.6 |
| Total | 198 | 177 | 170 | 200 | 264 | 319 | 222 | 225 | 225 | 243 | 211 |
Imports by Country
In 2023, China (17K tons) constituted the largest vitamin supplier to Japan, accounting for a 84% share of total imports. Moreover, vitamin imports from China exceeded the figures recorded by the second-largest supplier, Germany (1K tons), more than tenfold. The third position in this ranking was taken by the UK (898 tons), with a 4.3% share.
From 2013 to 2023, the average annual growth rate of volume from China totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.0% per year) and the UK (+4.0% per year).
In value terms, China ($124M) constituted the largest supplier of provitamins and vitamins to Japan, comprising 59% of total imports. The second position in the ranking was taken by Germany ($19M), with an 8.9% share of total imports. It was followed by Switzerland, with an 8.1% share.
From 2013 to 2023, the average annual rate of growth in terms of value from China stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.6% per year) and Switzerland (+1.4% per year).
Imports by Type
In 2023, vitamins; vitamin c and its derivatives, unmixed (14K tons) constituted the largest type of provitamins and vitamins supplied to Japan, accounting for a 65% share of total imports. Moreover, vitamins; vitamin c and its derivatives, unmixed exceeded the figures recorded for the second-largest type, vitamins; vitamin e and its derivatives, unmixed (3.8K tons), fourfold. The third position in this ranking was held by vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed (1.7K tons), with an 8.2% share.
From 2013 to 2023, the average annual growth rate of the volume of vitamins; vitamin c and its derivatives, unmixed imports amounted to +1.7%. With regard to the other supplied products, the following average annual rates of growth were recorded: vitamins; vitamin e and its derivatives, unmixed (+1.2% per year) and vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed (+4.5% per year).
In value terms, vitamins; vitamin c and its derivatives, unmixed ($64M), vitamins; vitamin e and its derivatives, unmixed ($47M) and vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed ($24M) constituted the most imported types of provitamins and vitamins in Japan, with a combined 64% share of total imports. Vitamins; vitamin B12 and its derivatives, unmixed, vitamins; vitamin B2 and its derivatives, unmixed, vitamins; vitamin B6 and its derivatives, unmixed, vitamins; vitamin B1 and its derivatives, unmixed, vitamins; d- or DL-pantothenic acid (vitamin B3 or vitamin B5) and its derivatives, unmixed, vitamins; n.e.s. in heading no. 2936, including natural concentrates and vitamins; vitamins a and their derivatives, unmixed lagged somewhat behind, together comprising a further 36%.
Import Prices by Country
In 2023, the vitamin price stood at $10,180 per ton (CIF, Japan), dropping by -2.7% against the previous year. Overall, the import price saw a mild slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 24% against the previous year. As a result, import price reached the peak level of $15,100 per ton. From 2019 to 2023, the average import prices remained at a lower figure.
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 Switzerland ($23,965 per ton), while the price for China ($7,118 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (-0.0%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the vitamin 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:
- Prodcom 21105100 - Provitamins and vitamins, natural or reproduced by synthesis (including natural concentrates), derivatives thereof used primarily as vitamins, and intermixtures of the foregoing, w hether or not in any solvent
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
