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    Home > Food News > Food Articles > The wholesale price dropped by 27%!

    The wholesale price dropped by 27%!

    • Last Update: 2021-11-01
    • Source: Internet
    • Author: User
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    Against the background of rising prices ofraw materials and energy, prices have risen in many parts of the world
    .
    Japan has also ushered in a wave of price increases, but the local rice prices have dropped significantly
    .
    Why did the price of rice in Japan fall against the trend?In Japan, in addition to buying rice in supermarkets, many old residential areas also have traditional rice shops, and many residents are still used to buying rice in rice shops
    .
    The rice shop where the reporter is located has a history of more than 120 years.
    It is now the season for new rice to go on the market.
    There are more than a dozen types of rice sold in the shop, including Hokkaido, Niigata and so on
    .
    The owner said that the price of almost all types of rice in the store has dropped significantly this year
    .
    The rice produced in Akita Prefecture has dropped by about RMB 1.
    7 per kilogram from last year
    .
    The latest data shows that as of September, the average wholesale price of new rice in Japan this year has fallen by 12% year-on-year, and has fallen for two consecutive years.
    Some varieties have even fallen by 27%
    .
    Rice is the only self-sufficient food in Japan .
    The output this year is expected to reach 7 million tons.
    The main reason for the drop in rice prices is the imbalance between supply and demand caused by the epidemic
    .
    Under the epidemic, Japanese consumers have reduced their meals out, causing the catering industry's demand for rice to drop sharply
    .
    Although longer staying at home may increase household rice consumption, the overall demand for rice in Japan is expected to be only 7.
    03 million tons before the launch of new rice next year, which is 4.
    4% less than before the epidemic
    .
    On the supply side, although Japan has drastically reduced rice production through policy adjustments to basically achieve a balance between supply and demand, there was still a large backlog of aged rice last year, resulting in an overall oversupply in the market and a fall in the price of new rice
    .
    In response to this situation, the Ministry of Agriculture, Forestry and Fisheries of Japan has decided to store 150,000 tons of aged rice for a long period of time
    .
    In addition to the special factor of the epidemic, changes in diet and population decline are the long-term factors that have led to the decline in rice consumption in Japan
    .
    At present, the per capita annual rice consumption in Japan is only more than 50 kilograms, which is more than half less than half a century ago
    .
    In the face of the shrinking domestic market, the Japanese government, in addition to continuing to promote the reduction of rice production, also regards the expansion of exports as an important way to solve the surplus of rice
    .
    Last year, the export volume of Japanese rice increased for the 13th consecutive year, and the drop in rice prices will further drive the export of Japanese rice
    .
    Against the background of rising prices of   raw materials and energy, prices have risen in many parts of the world
    .
    Japan has also ushered in a wave of price increases, but the local rice prices have dropped significantly
    .
    Why did the price of rice in Japan fall against the trend?Price Japanese rice   In Japan, in addition to buying rice in supermarkets, many old residential areas also have traditional rice shops, and many residents are still used to buying rice in rice shops
    .
       The rice shop where the reporter is located has a history of more than 120 years.
    It is now the season for new rice to go on the market.
    There are more than a dozen types of rice sold in the shop, including Hokkaido, Niigata and so on
    .
    The owner said that the price of almost all types of rice in the store has dropped significantly this year
    .
    The rice produced in Akita Prefecture has dropped by about RMB 1.
    7 per kilogram from last year
    .
       The latest data shows that as of September, the average wholesale price of new rice in Japan this year has fallen by 12% year-on-year, and has fallen for two consecutive years.
    Some varieties have even fallen by 27%
    .
       Rice is the only self-sufficient food in Japan .
    The output this year is expected to reach 7 million tons.
    The main reason for the drop in rice prices is the imbalance between supply and demand caused by the epidemic
    .
    food   Under the epidemic, Japanese consumers have reduced their meals out, causing the catering industry's demand for rice to drop sharply
    .
    Although longer staying at home may increase household rice consumption, the overall demand for rice in Japan is expected to be only 7.
    03 million tons before the launch of new rice next year, which is 4.
    4% less than before the epidemic
    .
       On the supply side, although Japan has drastically reduced rice production through policy adjustments to basically achieve a balance between supply and demand, there was still a large backlog of aged rice last year, resulting in an overall oversupply in the market and a fall in the price of new rice
    .
       In response to this situation, the Ministry of Agriculture, Forestry and Fisheries of Japan has decided to store 150,000 tons of aged rice for a long period of time
    .
       In addition to the special factor of the epidemic, changes in diet and population decline are the long-term factors that have led to the decline in rice consumption in Japan
    .
    At present, the per capita annual rice consumption in Japan is only more than 50 kilograms, which is more than half less than half a century ago
    .
       In the face of the shrinking domestic market, the Japanese government, in addition to continuing to promote the reduction of rice production, also regards the expansion of exports as an important way to solve the surplus of rice
    .
    Last year, the export volume of Japanese rice increased for the 13th consecutive year, and the drop in rice prices will further drive the export of Japanese rice
    .
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