Forecast: Import of Durum Wheat to Japan

In 2023, Japan's import of durum wheat stood at a value that has not been specified in the provided data. However, from 2024, a consistent decline is forecasted with values dropping from $49.148 million in 2024 to $41.958 million in 2028. Year-on-year percentage declines are estimated: around 3.76% from 2024 to 2025, 3.83% from 2025 to 2026, 3.91% from 2026 to 2027, and 4.00% from 2027 to 2028. The compound annual growth rate (CAGR) between 2024 and 2028 reveals a decrease of approximately 3.80% annually.

Future trends to watch for include:

  • Changes in domestic durum wheat production in Japan which may impact import needs.
  • Global market conditions that might influence wheat prices and trade dynamics.
  • Policy shifts related to agricultural imports affecting supply chain strategies.

Top Countries about Wheat