Japan: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Japan

In 2021, after three years of growth, there was decline in the Japanese market for concentrated lemon and other citrus fruit juice, when its value decreased by -3.7% to $X. The market value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020, and then dropped slightly in the following year.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Japan

In 2021, exports of concentrated lemon and other citrus fruit juice from Japan surged to X tons, picking up by 76% on the previous year. In general, exports recorded resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by 97% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, exports of concentrated lemon and other citrus fruit juice surged to $X in 2021. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 107% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

The United States (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from Japan, with a 35% share of total exports. Moreover, exports of concentrated lemon and other citrus fruit juice to the United States exceeded the volume sent to the second major destination, Mexico (X tons), threefold. The third position in this ranking was held by Hong Kong SAR (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+96.2% per year) and Hong Kong SAR (+30.1% per year).

In value terms, the United States ($X) remains the key foreign market for concentrated lemon and other citrus fruit juice exports from Japan, comprising 38% of total exports. The second position in the ranking was held by Mexico ($X), with a 12% share of total exports. It was followed by Portugal, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+99.7% per year) and Portugal (+63.5% per year).

Export Prices by Country

The average export price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, falling by -16.2% against the previous year. Overall, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2016 an increase of 17%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to China ($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 Taiwan (Chinese) (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Japan

After five years of growth, supplies from abroad of concentrated lemon and other citrus fruit juice decreased by -1.7% to X tons in 2021. Overall, total imports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +47.2% against 2015 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. As a result, imports attained the peak of X tons, and then shrank slightly in the following year.

In value terms, imports of concentrated lemon and other citrus fruit juice shrank to $X in 2021. The total import value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 26% against the previous year. Imports peaked at $X in 2020, and then shrank slightly in the following year.

Imports by Country

Israel (X tons), Argentina (X tons) and Italy (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to Japan, together accounting for 82% of total imports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Italy ($X) and Argentina ($X) constituted the largest concentrated lemon and other citrus fruit juice suppliers to Japan, together accounting for 81% of total imports.

Italy, with a CAGR of +8.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for concentrated lemon and other citrus fruit juice amounted to $X per ton, shrinking by -2.2% against the previous year. Over the period under review, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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