Japan: Quince Market 2024

Quince Market Size in Japan

The Japanese quince market contracted to $X in 2022, which is down by -12.7% against the previous year. Overall, consumption showed a perceptible shrinkage. Quince consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Quince Production in Japan

In value terms, quince production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 27% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

The average yield of quinces in Japan was estimated at X tons per ha in 2022, standing approx. at 2021. Over the period under review, the yield, however, recorded a mild shrinkage. The growth pace was the most rapid in 2018 with an increase of 11% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average quince yield remained at a somewhat lower figure. 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 quinces production in Japan reduced to X ha, waning by -4.2% on 2021 figures. Overall, the harvested area recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when the harvested area increased by 9.1% against the previous year. The quince harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Quince Exports

Exports from Japan

In 2022, quince exports from Japan declined dramatically to X kg, dropping by -42.9% on the previous year. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 276%. As a result, the exports reached the peak of X kg. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, quince exports declined sharply to $X in 2022. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 350% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore (X kg) and the United Arab Emirates (X kg) were the main destinations of quince exports from Japan.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +1.6%).

In value terms, the largest markets for quince exported from Japan were the United Arab Emirates ($X) and Singapore ($X).

The United Arab Emirates, with a CAGR of +20.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average quince export price amounted to $X per ton, with an increase of 6.9% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, quince export price increased by +71.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 United Arab Emirates ($X per ton), while the average price for exports to Singapore stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+18.8%).

Quince Imports

Imports into Japan

In 2022, approx. X tons of quinces were imported into Japan; reducing by -43.5% on the year before. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2017 when imports increased by 159% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then fell remarkably in the following year.

In value terms, quince imports declined dramatically to $X in 2022. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2021 with an increase of 352% against the previous year. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, India (X tons) was the main quince supplier to Japan, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +10.1%.

In value terms, India ($X) constituted the largest supplier of quinces to Japan.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +9.5%.

Import Prices by Country

The average quince import price stood at $X per ton in 2022, increasing by 8.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 90% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -0.5% per year.

Source: IndexBox Platform

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