The import of coffee to Japan is witnessing a consistent but modest decline from 2024 onwards. The value stands at $1.2367 billion in 2024 and is projected to decrease each year, reaching $1.2107 billion by 2028. This marks a steady decrease in coffee import value year-on-year, reflecting a slight downward trend.
- 2023: Base year (Value not provided)
- 2024: $1.2367 billion
- 2025: $1.23 billion
- 2026: $1.2234 billion
- 2027: $1.217 billion
- 2028: $1.2107 billion
The variations, year-on-year, demonstrate a slight decline in percentage, signaling cautious reduction trends in imports. The estimated CAGR over the 2024-2028 period suggests a minimal average annual decrease, encapsulating a steady reduction pattern.
Future trends to watch for include potential changes in consumer demand, shifts towards domestic coffee production, and market dynamics influenced by economic conditions and trade policies. Monitoring these factors will be crucial to understanding the broader implications for Japan's coffee import landscape.