The forecast for the import of fresh or chilled garlic into Japan shows a steady increase from 2024 to 2028, with values escalating from 54.802 million USD in 2024 to 59.338 million USD in 2028. Looking back, the actual import value in 2023 is necessary for understanding this growth trajectory. The annual growth rate over these forecast years shows a consistent upward trend of approximately 2% annually. In terms of compound annual growth rate (CAGR), the average yearly increase would be calculated over the five-year period.
Future trends to watch for include:
- Global garlic supply chain disruptions, potentially impacting import volumes and prices.
- Fluctuations in exchange rates, which may alter cost implications for Japanese importers.
- Potential changes in consumer preferences towards local garlic production or alternative spices.
- Japan's trade policies and agreements that may affect tariffs and import regulations.