Japan: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in Japan

The Japanese concentrated apple juice market fell slightly to $X in 2021, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a deep slump. Concentrated apple juice consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Concentrated Apple Juice Exports

Exports from Japan

For the third consecutive year, Japan recorded growth in overseas shipments of concentrated apple juice, which increased by 41% to X tons in 2021. In general, exports posted significant growth. The growth pace was the most rapid in 2014 with an increase of 70%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, concentrated apple juice exports soared to $X in 2021. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when exports increased by 88% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Hong Kong SAR (X tons), Taiwan (Chinese) (X tons) and China (X tons) were the main destinations of concentrated apple juice exports from Japan, with a combined 80% share of total exports. These countries were followed by Singapore, Malaysia, Macao SAR, the United States and Thailand, which together accounted for a further 18%.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +2,335.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concentrated apple juice exported from Japan were Hong Kong SAR ($X), Taiwan (Chinese) ($X) and China ($X), together comprising 75% of total exports. These countries were followed by Singapore, Macao SAR, Malaysia, Thailand and the United States, which together accounted for a further 22%.

Malaysia, with a CAGR of +2,025.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average concentrated apple juice export price stood at $X per ton in 2021, dropping by -10% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

Concentrated Apple Juice Imports

Imports into Japan

Concentrated apple juice imports into Japan contracted slightly to X tons in 2021, therefore, remained relatively stable against the year before. Overall, imports saw a pronounced setback. The growth pace was the most rapid in 2019 when imports increased by 8.2% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated apple juice imports fell to $X in 2021. In general, imports showed a abrupt setback. The growth pace was the most rapid in 2019 with an increase of 11%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of concentrated apple juice to Japan, accounting for a 55% share of total imports. Moreover, concentrated apple juice imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fivefold. The third position in this ranking was held by Chile (X tons), with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+7.0% per year) and Chile (+3.9% per year).

In value terms, China ($X) constituted the largest supplier of concentrated apple juice to Japan, comprising 46% of total imports. The second position in the ranking was taken by South Africa ($X), with a 10% share of total imports. It was followed by Chile, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+2.8% per year) and Chile (+0.1% per year).

Import Prices by Country

In 2021, the average concentrated apple juice import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 9.2%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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