Japan: Insecticide Market 2025

Insecticide Market Size in Japan

In 2021, the Japanese insecticide market decreased by -3.5% to $X for the first time since 2015, thus ending a five-year rising trend. In general, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +55.1% against 2015 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted in the following year.

Insecticide Production in Japan

In value terms, insecticide production shrank to $X in 2021 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +76.8% against 2015 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 19% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then contracted in the following year.

Insecticide Exports

Exports from Japan

Insecticide exports from Japan rose slightly to X tons in 2021, growing by 4.4% against the year before. Over the period under review, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +69.4% against 2013 indices. The growth pace was the most rapid in 2018 with an increase of 20%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, insecticide exports rose significantly to $X in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +96.4% against 2013 indices. The pace of growth appeared the most rapid in 2018 with an increase of 19% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

China (X tons) was the main destination for insecticide exports from Japan, accounting for a 27% share of total exports. Moreover, insecticide exports to China exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), twofold. Mexico (X tons) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+20.4% per year) and Mexico (+11.6% per year).

In value terms, China ($X), Italy ($X) and Mexico ($X) appeared to be the largest markets for insecticide exported from Japan worldwide, with a combined 30% share of total exports. These countries were followed by the United States, Hong Kong SAR, India, Chile, South Korea, Taiwan (Chinese), Vietnam, Peru, the Philippines and Thailand, which together accounted for a further 35%.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of +23.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average insecticide export price amounted to $X per ton, picking up by 3.7% against the previous year. In general, the export price recorded a modest increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Philippines ($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 South Korea (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Insecticide Imports

Imports into Japan

Insecticide imports into Japan stood at X tons in 2021, growing by 10% on the previous year's figure. The total import volume increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 15%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, insecticide imports declined modestly to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 8.4% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Thailand (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of insecticide imports to Japan, together comprising 70% of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +17.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest insecticide suppliers to Japan were the United States ($X), South Korea ($X) and China ($X), with a combined 57% share of total imports. These countries were followed by Thailand, Indonesia, Malaysia and France, which together accounted for a further 27%.

In terms of the main suppliers, Thailand, with a CAGR of +14.8%, recorded the highest growth rate of the value of imports, 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 insecticide import price amounted to $X per ton, declining by -10.9% against the previous year. Overall, the import price saw a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 14%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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