Japan: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2025

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Japan

In 2022, the Japanese market for fresh or chilled pig meat other than cuts or carcases decreased by -11.4% to $X for the first time since 2015, thus ending a six-year rising trend. The market value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2021, and then dropped in the following year.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports from Japan

In 2022, after two years of decline, there was significant growth in overseas shipments of fresh or chilled pig meat other than cuts or carcases, when their volume increased by 5.3% to X tons. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 93% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases fell to $X in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 69% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons) was the main destination for exports of fresh or chilled pig meat other than cuts or carcases from Japan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR totaled +29.0%.

In value terms, Hong Kong SAR ($X) also remains the key foreign market for fresh or chilled pig meat other than cuts or carcases exports from Japan.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR totaled +22.2%.

Export Prices by Country

The average export price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, declining by -16.9% against the previous year. Overall, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2020 when the average export price increased by 13%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +70.7% per year.

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports into Japan

In 2022, after ten years of growth, there was decline in supplies from abroad of fresh or chilled pig meat other than cuts or carcases, when their volume decreased by -3.9% to X tons. In general, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 13% against the previous year. Imports peaked at X tons in 2021, and then declined slightly in the following year.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases dropped to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 18% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

The United States (X tons), Canada (X tons) and Mexico (X tons) were the main suppliers of imports of fresh or chilled pig meat other than cuts or carcases to Japan, with a combined 99.9% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +13.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh pork other than cuts or carcases suppliers to Japan were the United States ($X), Canada ($X) and Mexico ($X), together accounting for 99.9% of total imports.

Mexico, with a CAGR of +9.3%, recorded 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 mixed trend patterns.

Import Prices by Country

The average import price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, falling by -9.1% against the previous year. Over the period under review, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 6.8%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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