The forecast for the import of unmanufactured stemmed or stripped tobacco to Japan shows a consistent downward trend from 2024 to 2028, with a substantial decline in volume. In 2023, the import stood at 18.25 million kilograms. This represents a year-on-year declining trend: approximately 13.7% from 2024 to 2025, 15.8% from 2025 to 2026, 18.3% from 2026 to 2027, and 22% from 2027 to 2028. Over the forecasted period (2024-2028), the average Compound Annual Growth Rate (CAGR) is a decrease of about 15% per annum.
Future trends to watch for include potential regulatory changes affecting tobacco imports, shifts in consumer preferences towards reduced tobacco consumption, and economic factors impacting international trade dynamics. Monitoring these elements will offer further insights into the potential market trajectory beyond 2028.
