Preserved Tomato Market Overview in Japan
In value terms, preserved tomato production expanded remarkably to $ in estimated in export prices. Overall, production, however, saw a remarkable increase. The pace of growth was the most pronounced in 2013 when the production volume increased by % y-o-y. Over the period under review, production attained the maximum level in and is likely to see steady growth in the near future.
The revenue of the preserved tomato market in Japan expanded rapidly to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a notable expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2014 indices. The pace of growth was the most pronounced in 2014 when the market value increased by % against the previous year. Over the period under review, the market hit record highs in and is likely to see gradual growth in the immediate term.