In 2023, the import value of unsweetened beverage waters, ice, and snow to Japan was estimated at 160 million US dollars. The forecasted data from 2024 to 2028 suggests a consistent decline, with values dropping from 154.93 million US dollars in 2024 to 133.2 million US dollars in 2028. This represents a year-on-year variation of approximately -3.6% on average. This trend reveals a negative compound annual growth rate (CAGR) as the market contracts over the projected period, suggesting diminishing demand or increased competition from domestic sources.
Looking ahead, future trends to watch for include potential shifts in consumer preferences towards locally sourced products, environmental concerns affecting import consumption, and global trade policies that might impact import costs. Additionally, fluctuations in global economic conditions could alter these forecasts, impacting both the demand and the purchasing power in Japan.
