Japan: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in Japan

In 2022, the Japanese market for fresh or chilled salmonoids fillets decreased by 0% to $X, falling for the third year in a row after two years of decline. Overall, consumption showed a noticeable curtailment. The pace of growth was the most pronounced in 2020 when the market value decreased by -48.4%. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in Japan

In value terms, fresh or chilled salmonoids fillets production dropped to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by 14% against the previous year. Fresh or chilled salmonoids fillets production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports from Japan

In 2022, shipments abroad of fresh or chilled salmonoids fillets decreased by 0% to X tons, falling for the third consecutive year after two years of decline. In general, exports continue to indicate a significant increase. The smallest decline of -43.4% was in 2020. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets exports amounted to $X in 2022. Overall, exports enjoyed a significant expansion. The smallest decline of -70.7% was in 2020. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X kg), Brunei Darussalam (X kg) and the Dominican Republic (X kg) were the main destinations of fresh or chilled salmonoids fillets exports from Japan, with a combined 49% share of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of +76.3%), while the other leaders experienced more modest paces of growth.

It was followed by Brunei Darussalam, with a 9.4% share.

From 2013 to 2022, the average annual growth rate of value to Singapore totaled +36.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+72.1% per year) and Brunei Darussalam (0.0% per year).

Export Prices by Country

In 2022, the average export price for fresh or chilled salmonoids fillets amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price saw a perceptible slump. The pace of growth was the most pronounced in 2020 a decrease of -48.2%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Brunei Darussalam ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+9.5%), while the prices for the other major destinations experienced a decline.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports into Japan

In 2019, approx. X tons of fresh or chilled salmonoids fillets were imported into Japan; rising by 122% compared with 2018 figures. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fresh or chilled salmonoids fillets imports skyrocketed to $X in 2019. The total import value increased at an average annual rate of +31.6% over the period from 2018 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, Vietnam (X tons) constituted the largest supplier of fresh or chilled salmonoids fillets to Japan, accounting for a 84% share of total imports. Moreover, fresh or chilled salmonoids fillets imports from Vietnam exceeded the figures recorded by the second-largest supplier, Myanmar (X tons), sixfold.

From 2018 to 2019, the average annual rate of growth in terms of volume from Vietnam stood at +64,392.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (-58.3% per year) and India (0.0% per year).

In value terms, Vietnam ($X) constituted the largest supplier of fresh or chilled salmonoids fillets to Japan, comprising 87% of total imports. The second position in the ranking was held by Myanmar ($X), with a 12% share of total imports.

From 2018 to 2019, the average annual growth rate of value from Vietnam stood at +38,887.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (-79.5% per year) and India (0.0% per year).

Import Prices by Country

The average import price for fresh or chilled salmonoids fillets stood at $X per ton in 2019, dropping by -40.8% against the previous year. Over the period under review, the import price faced a precipitous slump. Over the period under review, average import prices reached the maximum at $X per ton in 2018, and then fell significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2018 to 2019, the most notable rate of growth in terms of prices was attained by Vietnam (-39.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :