What is the price of soyabean oil per kilogram/pound in Japan today?
The retail price range for Japan soyabean oil is between US$ 8.21 and US$ 16.16 per kilogram or between US$ 3.72 and US$ 7.33 per pound(lb). Click here to see today's exact prices of soyabean oil in Japan
The retail price range in Yen for soyabean oil is between JPY 1,133.88 and JPY 2,232.54 per kilogram or between JPY 514.23 and JPY 1,012.49 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan soyabean oil is between US$ 5.75 and US$ 11.31 per kilogram or between US$ 2.61 and US$ 5.13 per pound(lb).
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Japan Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soyabean oil from Japan has seen a significant decrease over the last five years. In 2012, the price was 5.17 US dollars per kg, but by 2016, it had dropped to 2.41 US dollars per kg. Since then, the price has been relatively stable, with a slight increase in 2017 to 1.99 US dollars per kg, and a further increase in 2018 to 2.37 US dollars per kg. In 2019, the price dropped to 2.10 US dollars per kg, and then again in 2020 to 1.25 US dollars per kg. In 2021, the price rose to 1.97 US dollars per kg, and then again in 2022 to 1.90 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of Soyabean oil from Japan will remain relatively stable in 2023 and 2024, at around 1.90 US dollars per kg.The Japan soyabean oil exports are classified as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
Japan Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soyabean oil into Japan has seen a significant decrease over the last five years. In 2012, the price was 5.17 US dollars per kg, but by 2016, it had dropped to 2.41 US dollars per kg. This trend continued in 2017, when the price was 1.99 US dollars per kg, and in 2018, when it was 2.37 US dollars per kg. In 2019, the price dropped to 2.10 US dollars per kg, and in 2020, it decreased further to 1.25 US dollars per kg. The price then increased slightly in 2021, to 1.97 US dollars per kg, and again in 2022, to 1.90 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Soyabean oil into Japan will remain relatively stable in 2023, at around 1.90 US dollars per kg, and will increase slightly in 2024, to around 2.00 US dollars per kg.Export values for Japan soyabean oil
The total values in export for soyabean oil in Japan were US$ 835, US$ 670, US$ 938 and US$ 906 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 soyabean oil in other countries across Asia: Kazakhstan soyabean oil, Kyrgyzstan soyabean oil, Tajikistan soyabean oil, Turkmenistan soyabean oil, Uzbekistan soyabean oil, China soyabean oil, Hong Kong soyabean oil, Macao soyabean oil, North Korea soyabean oil & Mongolia soyabean oil.
Japan soyabean oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of soyabean oil exported by Japan in 2020 was 528 tonnes. In 2019 Japan sold 432 tonnes of soyabean oil. In 2019 alone, the market for Japan soyabean oil (processed category) has climbed, changing by 9.091 percent compared to the year 2018. Between 2017 and 2019, soyabean oil's exports went up by 28.19 pc earning the exporter US$0.91m for the year 2019. Japan's soyabean oil exports are classified as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
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Japan soyabean oil export values
In 2019, Japan shipped soyabean oil with a value of 0.91m USD, a drop of -2.99% from 2018's total soyabean oil export of 0.938m USD. The annual change in value of Japan soyabean oil between 2017 to 2018 was 40 pc.
The annual variation in the volume of Japan's soyabean oil exports between 2017 and 2019 was 28.19% when compared to a variation of 9.091% in the growth rate between 2018 and 2019.
Japan's stake of the world's total soyabean oil's exports in 2019 was less than 1%. Japan is ranked number 49 in world exports of soyabean oil.
Export markets for Japan soyabean oil ( in '000$ )
Japan's top destinations for soyabean oil are Hong Kong, Singapore, the Philippines, US and Vietnam.
Import/Export Trends
Japan is a net importer of soyabean oil. The annual growth of Japan soyabean oil in value between 2015 to 2019 was 169%, per year, while annual growth in quantity through the same period was %, per annum.
Japan purchased 10,842 tonnes of soyabean oil in 2019.