Japan: Apple Juice Market 2024

Apple Juice Market Size in Japan

The Japanese apple juice market contracted to $X in 2021, which is down by -6% against the previous year. Over the period under review, consumption recorded a pronounced shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Apple Juice Production in Japan

In value terms, apple juice production contracted to $X in 2021 estimated in export price. Overall, production recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 44%. Apple juice production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Apple Juice Exports

Exports from Japan

In 2021, overseas shipments of apple juice (single strength) increased by 57% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 114%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, apple juice exports skyrocketed to $X in 2021. In general, exports posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 73% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Hong Kong SAR (X tons), Taiwan (Chinese) (X tons) and Singapore (X tons) were the main destinations of apple juice exports from Japan, together comprising 85% of total exports. China, Thailand and the United States lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +72.4%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the key foreign market for apple juice (single strength) exports from Japan, comprising 51% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 25% share of total exports. It was followed by Singapore, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR stood at +24.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+20.1% per year) and Singapore (+55.4% per year).

Export Prices by Country

The average apple juice export price stood at $X per ton in 2021, waning by -3.4% against the previous year. Overall, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2020 an increase of 7.6%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and Thailand ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.1%), while the prices for the other major destinations experienced a decline.

Apple Juice Imports

Imports into Japan

In 2021, approx. X tons of apple juice (single strength) were imported into Japan; growing by 10% compared with the previous year. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 64%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, apple juice imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 69%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of apple juice to Japan, accounting for a 32% share of total imports. Moreover, apple juice imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Canada (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+17.2% per year) and Canada (+81.7% per year).

In value terms, the United States ($X) constituted the largest supplier of apple juice (single strength) to Japan, comprising 38% of total imports. The second position in the ranking was taken by Canada ($X), with a 12% share of total imports. It was followed by Spain, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+86.2% per year) and Spain (+20.6% per year).

Import Prices by Country

In 2021, the average apple juice import price amounted to $X per ton, rising by 5.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 7.3%. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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