The forecast for Japan's imports of sugars, sugar syrup, and artificial honey from 2024 to 2028 indicates a gradual decrease, starting at $145.35 million USD in 2024 and declining to $142.19 million USD by 2028. This trend presents a year-on-year decrease of approximately 0.56% from 2024 to 2025, stabilizing to a similar annual reduction rate through 2028. Notably, as of 2023, the actual import stood at $146 million USD, illustrating a consistent downward trend in demand or alterations in Japan's import strategies or domestic production capabilities.
Future trends to watch for include:
- Potential advancements in Japan’s domestic sugar production which could reduce the reliance on imports.
- Shifts in consumer preferences towards healthier alternatives, impacting sugar demand.
- Global sugar market trends and international trade relations which could influence import costs and policies.