From 2024 to 2028, Japan's soya bean imports are forecasted to steadily decline from 1.468 to 1.417 billion USD. In 2023, the imports stood at 1.482 billion USD. Over the last two years, the import value decreased by approximately 0.9% annually, averaging a CAGR of roughly -0.88% over the forecast period.

Future trends to watch for:

Potential shifts in Japan’s domestic agricultural policy or local production capabilities could impact import levels.
Trade policies and tariffs with major soybean exporting countries may influence these forecasts.
Fluctuations in global soy prices due to supply chain disruptions or environmental factors.