Report Update Nov 1, 2024

Japan - Crude Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights

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Japan: Market for Crude Sunflower-Seed And Safflower Oil 2024

Market Size for Crude Sunflower-Seed And Safflower Oil in Japan

In 2022, the Japanese market for crude sunflower-seed and safflower oil decreased by -16.3% to $X, falling for the third year in a row after two years of growth. In general, consumption saw a abrupt downturn. Crude sunflower-seed and safflower oil consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Crude Sunflower-Seed And Safflower Oil in Japan

In value terms, crude sunflower-seed and safflower oil production contracted rapidly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable slump. The pace of growth was the most pronounced in 2021 when the production volume increased by 4,598%. Crude sunflower-seed and safflower oil production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports from Japan

Crude sunflower-seed and safflower oil exports from Japan dropped notably to X kg in 2019, waning by -99.3% on the previous year. Over the period under review, exports showed a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 2,074% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

In value terms, crude sunflower-seed and safflower oil exports fell sharply to $X in 2019. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2013 when exports increased by 719%. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

Exports by Country

South Korea (X kg) was the main destination for crude sunflower-seed and safflower oil exports from Japan, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to South Korea was relatively modest.

In value terms, South Korea ($X) emerged as the key foreign market for crude sunflower-seed and safflower oil exports from Japan.

From 2012 to 2019, the average annual growth rate of value to South Korea was relatively modest.

Export Prices by Country

The average export price for crude sunflower-seed and safflower oil stood at $X per ton in 2019, surging by 1,476% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2019, the rate of growth in terms of prices for the United States amounted to -5.2% per year.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports into Japan

In 2022, purchases abroad of crude sunflower-seed and safflower oil decreased by -22.5% to X tons, falling for the third year in a row after two years of growth. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 21% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, crude sunflower-seed and safflower oil imports dropped sharply to $X in 2022. Overall, imports recorded a deep contraction. The pace of growth was the most pronounced in 2019 when imports increased by 27%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X tons), Ukraine (X tons) and the United States (X tons) were the main suppliers of crude sunflower-seed and safflower oil imports to Japan, together comprising 78% of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +69.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the United States ($X) and Ukraine ($X) appeared to be the largest crude sunflower-seed and safflower oil suppliers to Japan, together comprising 76% of total imports.

Russia, with a CAGR of +66.8%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2022, the average import price for crude sunflower-seed and safflower oil amounted to $X per ton, growing by 8.9% against the previous year. Overall, the import price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in the world?

The countries with the highest volumes of crude sunflower-seed and safflower oil consumption in 2021 were Russia, Turkey and India, together comprising 37% of global consumption. These countries were followed by China, Ukraine, Argentina, Spain, Italy, France, Iran, Hungary, Germany and Romania, which together accounted for a further 39%.

What are the largest producers of crude sunflower-seed and safflower oil in the world?

The countries with the highest volumes of crude sunflower-seed and safflower oil production in 2021 were Ukraine, Russia and Argentina, together accounting for 63% of global production. These countries were followed by Turkey, Hungary, Bulgaria, Romania, France, Spain and Kazakhstan, which together accounted for a further 21%.

What are the leading suppliers of crude sunflower-seed and safflower oil to Japan?

In value terms, the largest crude sunflower-seed and safflower oil suppliers to Japan were France, Russia and Ukraine, with a combined 67% share of total imports. These countries were followed by Mexico, Hungary, the United States and Argentina, which together accounted for a further 32%.

What is the average export price for crude sunflower-seed and safflower oil in Japan?

In 2021, the average export price for crude sunflower-seed and safflower oil amounted to $937 per ton, approximately equating the previous year.

What is the average import price for crude sunflower-seed and safflower oil in Japan?

In 2021, the average import price for crude sunflower-seed and safflower oil amounted to $1,449 per ton, with an increase of 15% against the previous year.

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil 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:

FCL 268 - Oil of Sunflower Seed
FCL 281 - Oil of Safflower Seed

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023