The import of butter to Japan is projected to increase steadily from 27.096 million kilograms in 2024 to 31.566 million kilograms in 2028. In 2023, the import volume stood at an actual figure of slightly lower than 27.096 million kilograms, indicating a robust growth trend. The year-on-year growth rates reflect a consistent upward trend, showcasing a gradual increase in demand for imported butter. Analyzing the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) suggests a stable increase in imports, emphasizing a growing dependency on international butter supplies.
Future trends to monitor include
- the impact of domestic production changes,
- shifts in consumer dietary preferences towards dairy products,
- international trade policies affecting butter imports, and
- potential fluctuations in global butter prices.
