The import value of sugars and sugar confectionery to Japan stood at 663 million USD in 2023. Based on the forecasted data, imports are expected to decline each year from 2024 to 2028. The year-on-year percentage variations indicate a decreasing trend with a -2.1% decline in 2025, followed by -2.0% in 2026, -2.1% in 2027, and -2.1% in 2028. The last CAGR over the five years from 2024 to 2028 is approximately -2.1%, reflecting a consistent downward trend.
Key points to watch for in the future include:
- Changes in consumer preferences towards healthier, sugar-free alternatives.- Trade policies and tariffs affecting Japan's sugar imports.- Innovations in the sugar confectionery market.- Fluctuations in global sugar prices.
