Japan - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Mixed Condiment, Sause and Seasoning in Japan - 2023
Contents:
- Price for Mixed Condiment, Sause and Seasoning in Japan (FOB) - 2023
- Price for Mixed Condiment, Sause and Seasoning in Japan (CIF) - 2023
- Exports of Mixed Condiment, Sause and Seasoning in Japan
- Imports of Mixed Condiment, Sause and Seasoning in Japan
Price for Mixed Condiment, Sause and Seasoning in Japan (FOB) - 2023
In July 2023, the average export price for mixed condiments, sauses and seasonings amounted to $4,010 per ton, leveling off at the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 8.1% m-o-m. The export price peaked at $4,029 per ton in March 2023; afterwards, it flattened through to July 2023.
Average prices varied somewhat for the major overseas markets. In July 2023, the countries with the highest prices were the United States ($4,650 per ton) and Hong Kong SAR ($4,305 per ton), while the average price for exports to Germany ($3,196 per ton) and Thailand ($3,211 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mixed Condiment, Sause and Seasoning in Japan (CIF) - 2023
The average import price for mixed condiments, sauses and seasonings stood at $3,212 per ton in July 2023, declining by -1.6% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 8.4% against the previous month. As a result, import price reached the peak level of $3,597 per ton. From June 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,219 per ton), while the price for Vietnam ($1,944 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mixed Condiment, Sause and Seasoning in Japan
Mixed condiment, sause and seasoning exports from Japan expanded markedly to 105K tons in 2022, increasing by 6.4% against 2021 figures. The total export volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, mixed condiment, sause and seasoning exports declined to $407M in 2022. The total export value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports reached the peak of $437M, and then reduced in the following year.
Export of Mixed Condiment, Sause and Seasoning in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 72.9 | 83.1 | 96.2 | 90.7 | 7.6% |
Taiwan (Chinese) | 56.8 | 65.8 | 73.3 | 63.2 | 3.6% |
Hong Kong SAR | 26.4 | 34.3 | 33.8 | 33.9 | 8.7% |
South Korea | 33.2 | 34.8 | 37.8 | 33.8 | 0.6% |
Australia | 18.1 | 19.6 | 20.5 | 21.6 | 6.1% |
China | 14.7 | 19.2 | 21.8 | 20.9 | 12.4% |
Thailand | 16.2 | 14.3 | 16.0 | 14.8 | -3.0% |
Singapore | 12.6 | 13.1 | 15.0 | 13.0 | 1.0% |
Netherlands | 7.0 | 9.1 | 13.6 | 12.6 | 21.6% |
Canada | 7.8 | 9.0 | 9.6 | 11.7 | 14.5% |
Philippines | 8.2 | 7.0 | 8.4 | 11.2 | 11.0% |
United Kingdom | 10.2 | 8.2 | 11.7 | 9.8 | -1.3% |
Germany | 8.5 | 9.4 | 13.0 | 9.2 | 2.7% |
Others | 51.2 | 51.7 | 66.5 | 60.0 | 5.4% |
Total | 344 | 379 | 437 | 407 | 5.8% |
Top Export Markets for Mixed Condiment, Sause and Seasoning from Japan in 2022:
- United States (21.3K tons)
- Taiwan (Chinese) (15.5K tons)
- South Korea (9.6K tons)
- Hong Kong SAR (8.1K tons)
- Australia (6.0K tons)
- China (5.7K tons)
- Thailand (4.5K tons)
- Singapore (3.4K tons)
- Germany (3.3K tons)
- Canada (3.2K tons)
- Netherlands (3.2K tons)
- Philippines (2.9K tons)
- United Kingdom (2.7K tons)
Imports of Mixed Condiment, Sause and Seasoning in Japan
After three years of growth, supplies from abroad of mixed condiments, sauses and seasonings decreased by -0.5% to 106K tons in 2022. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 4.6%. As a result, imports reached the peak of 106K tons, leveling off in the following year.
In value terms, mixed condiment, sause and seasoning imports reached $343M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Mixed Condiment, Sause and Seasoning in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 72.6 | 81.3 | 78.3 | 77.1 | 2.0% |
China | 38.9 | 48.9 | 57.3 | 52.5 | 10.5% |
United States | 40.9 | 40.4 | 44.7 | 46.3 | 4.2% |
Vietnam | 27.0 | 30.5 | 29.5 | 35.0 | 9.0% |
South Korea | 17.9 | 22.9 | 32.2 | 34.5 | 24.4% |
Australia | 23.5 | 16.6 | 20.8 | 24.1 | 0.8% |
New Zealand | 28.1 | 25.8 | 23.7 | 20.8 | -9.5% |
Others | 43.6 | 47.2 | 55.3 | 52.5 | 6.4% |
Total | 292 | 313 | 342 | 343 | 5.5% |
Top Suppliers of Mixed Condiment, Sause and Seasoning to Japan in 2022:
- Thailand (25.8K tons)
- China (16.5K tons)
- Vietnam (16.4K tons)
- South Korea (12.1K tons)
- New Zealand (9.2K tons)
- United States (8.5K tons)
- Australia (5.8K tons)
This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The rate of expansion was highest in February 2023 with a 22% month-on-month increase in exports. However, the value of Soya Sauce exports decreased to $6.3M in July 2023.
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The rate of expansion was highest in February 2023 with a 22% month-on-month increase in exports. However, the value of Soya Sauce exports decreased to $6.3M in July 2023.
In April 2023, the price of Prepared Mustard was $2,821 per ton (CIF, Japan), experiencing a decrease of -35.9% compared to the previous month.
Explore the top import markets for mixed condiments, sauces, and seasonings, including the United States, United Kingdom, Canada, France, Germany, Netherlands, Hong Kong SAR, Australia, Russia, and Mexico. Get key statistics and insights on these markets. Leverage the IndexBox market intelligence platform for accurate and up-to-date market information.