Japan: Preserved Salmon Market 2024

Preserved Salmon Market Size in Japan

The Japanese preserved salmon market rose to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, recorded a slight descent. Preserved salmon consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Preserved Salmon Production in Japan

In value terms, preserved salmon production rose to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Preserved Salmon Exports

Exports from Japan

After two years of decline, shipments abroad of salmon (prepared or preserved) increased by X% to X tons in 2022. Overall, exports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved salmon exports soared to $X in 2022. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for preserved salmon exports from Japan, with a X% share of total exports. Moreover, preserved salmon exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was held by Hong Kong SAR (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Taiwan (Chinese) totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Hong Kong SAR (X% per year).

In value terms, the largest markets for preserved salmon exported from Japan were Taiwan (Chinese) ($X), Hong Kong SAR ($X) and the United States ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average preserved salmon export price amounted to $X per ton, approximately equating the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. The export price peaked at $X per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Salmon Imports

Imports into Japan

After five years of decline, purchases abroad of salmon (prepared or preserved) increased by X% to X tons in 2022. Overall, imports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved salmon imports expanded markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest supplier of preserved salmon to Japan, with a X% share of total imports. Moreover, preserved salmon imports from Vietnam exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Vietnam totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and China (X% per year).

In value terms, the largest preserved salmon suppliers to Japan were Vietnam ($X), Thailand ($X) and China ($X), together comprising X% of total imports.

Among the main suppliers, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average preserved salmon import price amounted to $X per ton, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :