Japan: Preserved Tomato Market 2024

Preserved Tomato Market Size in Japan

In 2021, the Japanese preserved tomato market decreased by -11.5% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, showed strong growth. Over the period under review, the market reached the peak level at $X in 2020, and then contracted in the following year.

Preserved Tomato Production in Japan

In value terms, preserved tomato production shrank to $X in 2021 estimated in export price. Overall, production saw prominent growth. The growth pace was the most rapid in 2019 with an increase of 62% against the previous year. Preserved tomato production peaked at $X in 2020, and then fell in the following year.

Preserved Tomato Exports

Exports from Japan

For the third consecutive year, Japan recorded decline in overseas shipments of preserved tomatoes, which decreased by -17.7% to X tons in 2021. Overall, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2018 with an increase of 7,151% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved tomato exports shrank to $X in 2021. Over the period under review, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2018 with an increase of 2,795%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for preserved tomato exports from Japan, with a 92% share of total exports. Moreover, preserved tomato exports to Turkey exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-50.3% per year) and Hong Kong SAR (-51.9% per year).

In value terms, Turkey ($X) emerged as the key foreign market for preserved tomatoes exports from Japan, comprising 94% of total exports. The second position in the ranking was held by Italy ($X), with a 2.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-46.9% per year) and Hong Kong SAR (-52.4% per year).

Export Prices by Country

In 2021, the average preserved tomato export price amounted to $X per ton, picking up by 5.7% against the previous year. In general, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 177% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Italy ($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 Italy (+6.8%).

Preserved Tomato Imports

Imports into Japan

After two years of growth, purchases abroad of preserved tomatoes decreased by -9% to X tons in 2021. Overall, imports recorded a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 6.9%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, preserved tomato imports totaled $X in 2021. Over the period under review, imports saw a slight contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) was the main preserved tomato supplier to Japan, accounting for a 91% share of total imports. Moreover, preserved tomato imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.3% per year) and Turkey (-4.0% per year).

In value terms, Italy ($X) constituted the largest supplier of preserved tomatoes to Japan, comprising 90% of total imports. The second position in the ranking was held by Turkey ($X), with a 3.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+5.7% per year) and the United States (-0.6% per year).

Import Prices by Country

In 2021, the average preserved tomato import price amounted to $X per ton, increasing by 11% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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