Japan: Wheat Bran Market 2024

Wheat Bran Market Size in Japan

The Japanese wheat bran market totaled $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Wheat Bran Production in Japan

In value terms, wheat bran production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Wheat Bran Exports

Exports from Japan

In 2022, approx. X tons of wheat bran were exported from Japan; with a decrease of X% against 2021 figures. Overall, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, wheat bran exports contracted dramatically to $X in 2022. In general, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for wheat bran exports from Japan, accounting for a X% share of total exports. Moreover, wheat bran exports to China exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled X%.

In value terms, China ($X) emerged as the key foreign market for wheat bran exports from Japan, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%.

Export Prices by Country

In 2022, the average wheat bran export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price posted a prominent increase. As a result, the export price reached the peak level 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 Taiwan (Chinese) ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced mixed trend patterns.

Wheat Bran Imports

Imports into Japan

In 2022, the amount of wheat bran imported into Japan soared to X tons, growing by X% on the year before. In general, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, wheat bran imports soared to $X in 2022. Over the period under review, imports recorded a notable expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Sri Lanka (X tons) constituted the largest supplier of wheat bran to Japan, with a X% share of total imports. Moreover, wheat bran imports from Sri Lanka exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sri Lanka amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and South Korea (X% per year).

In value terms, Sri Lanka ($X) constituted the largest supplier of wheat bran to Japan, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sri Lanka stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average wheat bran import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat bran import price increased by X% against 2016 indices. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per ton) and Vietnam ($X per ton), while the price for Indonesia ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :