In 2023, Japan's nonfat dry milk imports were at 13.0 thousand metric tons. Forecast data suggests a decline from 2024 onwards: steady at 12.0 thousand metric tons in 2024 and 2025, followed by decreases to 11.0 in 2026, 10.0 in 2027, and 9.0 in 2028. This indicates a negative compound annual growth rate (CAGR) from 2024 to 2028.
Future trends to watch for include:
- Potential shifts in domestic production that could affect import levels.
- Changes in consumer preferences for dairy products.
- Trade agreements impacting dairy import tariffs and regulations.
