Forecast: Import of Fertilizers to Japan

In 2023, the import of fertilizers to Japan was approximately 747.3 million US dollars. The forecasted data from 2024 to 2028 indicate a gradual decline in import value, starting at 741.92 million US dollars in 2024 and reaching 722.31 million US dollars by 2028. This reflects a consistent year-on-year decrease in import value, suggesting a trend of reducing dependency on fertilizer imports. The compound annual growth rate (CAGR) between 2023 and 2028 is forecasted to be negative, manifesting a steady reduction in import values over this five-year period.

Future trends to watch for include:

• Potential shifts in agricultural policy and strategies that could affect fertilizer demand.
• Technological advancements in local production and alternative fertilization methods.
• Environmental considerations and sustainable farming practices influencing import needs.