The import of potato starch to Japan in 2023 stood at 8.1450 million US dollars. Forecasted data for 2024 to 2028 indicates a gradual year-on-year decrease, with the value predicted to decline from 8.0115 million US dollars in 2024 to 7.5073 million US dollars in 2028. This represents a compounded annual growth rate (CAGR) indicative of a consistent reduction over the five-year forecast period.
Year-on-year percentage variations show a trend of approximately 1.6% decline each year. Observing these patterns, Japan's demand for imported potato starch is expected to slightly diminish.
Future trends to watch for include:
- Changing dietary preferences in Japan, potentially affecting starch consumption.
- Possible impacts of local policies encouraging domestic production.
- Global supply chain shifts and cost changes impacting import strategies.