Japan: Groundnuts Market 2025

Groundnuts Market Size in Japan

In 2022, the Japanese groundnuts market increased by 5% to $X, rising for the third consecutive year after three years of decline. In general, consumption, however, showed a perceptible decrease. Groundnuts consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Groundnuts Production in Japan

In value terms, groundnuts production stood at $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 88%. Groundnuts production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

In 2022, the average yield of ground-nut (in-shell) in Japan reduced to X tons per ha, which is down by -7% against the previous year. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 29%. Over the period under review, the average groundnuts yield hit record highs at X tons per ha in 2021, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of ground-nut (in-shell) production in Japan totaled X ha, with an increase of 1.7% compared with the previous year's figure. Overall, the harvested area, however, continues to indicate a mild decrease. Over the period under review, the harvested area dedicated to groundnuts production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Groundnuts Exports

Exports from Japan

In 2022, the amount of ground-nut (in-shell) exported from Japan amounted to X tons, surging by 4.5% compared with 2021 figures. Overall, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 168% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, groundnuts exports soared to $X in 2022. In general, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by 260%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X tons), Singapore (X kg) and France (X kg) were the main destinations of groundnuts exports from Japan, with a combined 70% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +138.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Singapore ($X) remains the key foreign market for ground-nut (in-shell) exports from Japan, comprising 37% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a 5.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore amounted to +133.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (-7.6% per year) and France (-56.6% per year).

Export Prices by Country

In 2022, the average groundnuts export price amounted to $X per ton, increasing by 44% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 49%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-2.1%), while the prices for the other major destinations experienced a decline.

Groundnuts Imports

Imports into Japan

In 2022, supplies from abroad of ground-nut (in-shell) increased by 262% to X tons, rising for the second year in a row after two years of decline. Overall, imports showed a resilient expansion. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, groundnuts imports soared to $X in 2022. In general, imports enjoyed a mild increase. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of groundnuts to Japan, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +27.1%.

In value terms, the United States ($X) constituted the largest supplier of ground-nut (in-shell) to Japan.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +26.2%.

Import Prices by Country

The average groundnuts import price stood at $X per ton in 2022, surging by 2% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 an increase of 37%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.7% per year.

Source: IndexBox Platform

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