In 2023, Japan's import of wheat meal stood marginally lower than the forecasted figures for 2024, in line with historical trends. The data indicates a steady increase from 203.66 thousand kilograms in 2024 to 247.10 thousand kilograms by 2028. This reflects a year-on-year growth, averaging a consistent Compound Annual Growth Rate (CAGR) of around 4.8% over the five-year forecast period.
Looking ahead, key trends to monitor include global wheat supply chain disruptions, fluctuating global market prices, and domestic dietary shifts. Japan's strategic partnerships with wheat-exporting countries may also influence the import volume and overall stability of these projections.
