The forecasted import volumes of flour, meal, powder of fruit and nut, citrus or melon peel to Japan from 2024 to 2028 indicate a steady annual increase, starting at 1.6709 million kilograms in 2024 and reaching 1.8072 million kilograms by 2028. This marks an average annual growth rate (CAGR) of approximately 2% over the five-year period. As we are in 2024, the volume stood at similar levels in 2023.
Future trends to watch for:
- Potential growth in demand due to changes in consumer preferences towards healthier and natural food ingredients.
- Impact of trade policies and international agreements on import regulations and tariffs.
- Technological advancements in food processing that could increase the efficiency of domestic production, affecting import needs.