Price for Herbs; Thyme, Bay Leaves in Japan - 2022

Contents:

  1. Price for Herbs; Thyme, Bay Leaves in Japan (CIF) - 2022
  2. Imports of Herbs; Thyme, Bay Leaves in Japan

Price for Herbs; Thyme, Bay Leaves in Japan (CIF) - 2022

The average herbs; thyme, bay leaves import price stood at $3,852 per ton in 2022, increasing by 2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.6%. The pace of growth was the most pronounced in 2013 an increase of 21% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Morocco.

From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to +4.6% per year.

Imports of Herbs; Thyme, Bay Leaves in Japan

For the third year in a row, Japan recorded decline in overseas purchases of herbs, which decreased by -8.5% to 46 tons in 2022. Over the period under review, imports continue to indicate a abrupt setback.

In value terms, herbs; thyme, bay leaves imports shrank to $178K in 2022. Overall, imports showed a deep slump. The smallest decline of -5.8% was in 2020.

Import of Herbs; Thyme, Bay Leaves in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco214201189178-6.0%
Others0.10.10.10.10.0%
Total214201189178-6.0%

Top Suppliers of Herbs; Thyme, Bay Leaves to Japan in 2022:

  1. Morocco (46.3 tons)

Source: IndexBox Market Intelligence Platform

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