What is the price of malt extract per kilogram/pound in Japan today?
The retail price range for Japan malt extract is between US$ 3.32 and US$ 11.55 per kilogram or between US$ 1.51 and US$ 5.24 per pound(lb). Click here to see today's exact prices of malt extract in Japan
The retail price range in Yen for malt extract is between JPY 459.22 and JPY 1,595.96 per kilogram or between JPY 208.26 and JPY 723.79 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan malt extract is between US$ 2.33 and US$ 8.09 per kilogram or between US$ 1.06 and US$ 3.67 per pound(lb).
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Japan Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from Japan has seen a steady decline over the last five years. In 2017, the price was 3.81 US $ per kg, followed by 4.06 US $ per kg in 2018. In 2019, the price increased slightly to 4.08 US $ per kg, before rising to 4.39 US $ per kg in 2020. The latest data shows that the price has increased again to 4.55 US $ per kg in 2021. Based on this trend, it is likely that the export price per kilogram of Malt Extract from Japan will be around 4.25 US $ per kg in 2023 and 4.45 US $ per kg in 2024.The Japan malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
Japan Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Japan has been relatively stable over the past five years. In 2017, the price was $3.81, followed by a slight increase to $4.06 in 2018. In 2019, the price rose to $4.08, and then increased further to $4.39 in 2020. The price then dropped slightly to $4.55 in 2021, before decreasing to $4.11 in 2022. Looking ahead, it is likely that the import price per kilogram of Malt Extract into Japan will remain relatively stable in the next two years. We predict that the price will be $4.11 in 2023 and $4.08 in 2024.Export values for Japan malt extract
The total values in export for malt extract in Japan were US$ 38,650, US$ 39,665, US$ 47,444 and US$ 49,261 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Japan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of malt extract in other countries across Asia: Kazakhstan malt extract, Kyrgyzstan malt extract, Tajikistan malt extract, Turkmenistan malt extract, Uzbekistan malt extract, China malt extract, Hong Kong malt extract, Macao malt extract, North Korea malt extract & Mongolia malt extract.
Japan malt extract - Production, Exports, Imports, Seasons and HS Codes
The quantity of malt extract sold by Japan in 2020 was 9,945 tonnes. In 2019 Japan sold 12,067 tonnes of malt extract. In 2019 alone, the market for Japan malt extract (processed category) has surged, with a change of 3.26 percent compared to the year 2018. Between 2017 and 2019, malt extract's exports went up by 16 pc bringing Japan US$49.26m for the year 2019. Japan's malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Japan malt extract export values
In 2019, Japan supplied malt extract worth 49.26m USD, an improvement of 3.83% from 2018's total malt extract export of 47.444m USD. The annual growth in value of Japan malt extract between 2017 to 2018 was 19.612 pc.
The per year variation in the quantity of Japan's malt extract exports between 2017 and 2019 was 16 per cent when compared to a variation of 3.26% in the growth rate between 2018 and 2019.
Export markets for Japan malt extract ( in '000$ )
Japan's leading export markets for malt extract are US, Hong Kong, China, Singapore and the Philippines.
Japan imported 254,496 tonnes of malt extract in 2019.