By analyzing the forecast for Japan's import of starches excluding wheat, maize, potato, and manioc, we observe a steady increase in value from 2024 to 2028. The value is expected to rise from $13.885 million in 2024 to $14.294 million by 2028. This represents a continuous upward trend, indicating an increase of approximately 2.9% over the forecast period. The compounded annual growth rate (CAGR) for this period reflects a modest annual growth rate.
In 2023, the import value was slightly below the forecasted starting point for 2024, suggesting a consistent upward trend. This indicates a strong demand for such starches in Japan, potentially driven by food industry usage.
Future trends to watch for include potential impacts from changes in trade policies, fluctuations in exchange rates, or shifts in consumer preferences that might influence the import dynamics of starches in Japan.
