The import of liquorice extract to Japan is forecasted to decline progressively from 2024, starting at 4.6211 million USD, down to 4.1539 million USD by 2028. This data indicates a steady decrease in the import value over the five-year period. Given that we are in 2024, it's important to note that the actual data from 2023 would provide valuable insight, however, this is missing from the current dataset. Based on the anticipated decline, it's essential to analyze the year-on-year percentage variations to understand the trends and factors contributing to this downward trajectory.
Future trends to watch for include potential changes in consumer demand for liquorice extract in Japan, shifts in global trade policies that might affect import tariffs, and the impact of any emerging substitutes or synthetic alternatives that could further influence the market dynamics.
