The import of plants used for perfumery or pharmacy to Japan is forecasted to increase steadily from 2024 to 2028, starting at $292.14 million in 2024 and reaching $307.78 million by 2028. This reflects a year-on-year growth rate of approximately 1.4% to 1.5%, marking a consistent upward trend over this period. For context, in 2023, the actual import value stood at $288 million. The compound annual growth rate (CAGR) over these five years is anticipated to be approximately 1.5%.

Future trends to watch include:

Increasing demand for natural and organic ingredients in cosmetics and pharmaceuticals, which may further drive import volumes.
Potential impacts of Japan's trade policies and international relations on import dynamics.
Developments in sustainable sourcing practices and their influence on global supply chains.