Japan: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Japan

In 2020, after two years of growth, there was decline in the Japanese market for processed cheese (excluding grated or powdered), when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2012 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2013 to 2020, the growth of the market remained at a lower figure.

Production of Processed cheese (excluding grated or powdered) in Japan

In value terms, production of processed cheese (excluding grated or powdered) shrank to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2013 to 2020, production growth remained at a somewhat lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from Japan

In 2020, exports of processed cheese (excluding grated or powdered) from Japan surged to X tons, increasing by X% against the year before. Overall, exports posted a notable expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, exports of processed cheese (excluding grated or powdered) soared to $X in 2020. In general, exports posted a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for exports of processed cheese (excluding grated or powdered) from Japan, accounting for a X% share of total exports. Moreover, exports of processed cheese (excluding grated or powdered) to Taiwan (Chinese) exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), twofold. The third position in this ranking was occupied by Thailand (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Taiwan (Chinese) totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Thailand (+X% per year).

In value terms, Taiwan (Chinese) ($X), Hong Kong SAR ($X) and Thailand ($X) appeared to be the largest markets for processed cheese (excluding grated or powdered) exported from Japan worldwide, with a combined X% share of total exports. Singapore, China and Vietnam lagged somewhat behind, together accounting for a further X Nam recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, declining by -X% against the previous year. In general, export price indicated pronounced growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for processed cheese (excluding grated or powdered) increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2013 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was China ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Japan

In 2020, imports of processed cheese (excluding grated or powdered) into Japan totaled X tons, approximately reflecting the year before. Over the period under review, imports, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, imports of processed cheese (excluding grated or powdered) fell modestly to $X in 2020. In general, imports, however, continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, France (X tons) was the main processed cheese (excluding grated or powdered) supplier to Japan, accounting for a X% share of total imports. It was followed by Poland (X tons), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from France stood at -X%.

In value terms, France ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Japan, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from France was relatively modest.

Import Prices by Country

The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, falling by -X% against the previous year. In general, import price indicated a modest increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, import price for processed cheese (excluding grated or powdered) increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was France ($X per ton), while the price for Poland amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France.

Source: IndexBox Platform

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