The forecast for Japan's import of wheat and meslin indicates a gradual decline from 2024 to 2028, decreasing in value from 1.3976 billion USD in 2024 to 1.3198 billion USD in 2028. Compared to 2023, there is an observed downward trend, with year-on-year reductions averaging approximately 1.37% annually. The compound annual growth rate (CAGR) projects an average yearly decrease of around 1.40% over these five years.
Key future trends to watch for:
- Global supply chain disruptions that may alter Japan's import dynamics.
- Policy changes within Japan affecting import tariffs or quotas.
- Shifts in consumer preferences toward alternative grains or local production.
