The forecast for soybean imports in Japan from 2024 to 2028 indicates a stable trend, holding at approximately 3.48 to 3.49 million metric tons annually. In comparison to 2023, when imports stood at 3.47 million metric tons, the year-on-year variation remains minimal. Over the five-year forecast period, the compound annual growth rate (CAGR) is virtually negligible, suggesting a stagnation in the growth rate.
Future trends to watch for include potential fluctuations in global soybean prices, changes in domestic consumption patterns due to dietary shifts, and adjustments in trade policies that could influence Japan's import dynamics. Monitoring these factors will be crucial for understanding future variations in import volumes.
