Forecast: Wine Production in Japan

The wine production in Japan is forecasted to slightly decline from 2024 to 2028. In 2023, the actual wine production stood at 77.90 Thousand Metric Tons. Year-on-year, this represents a decrease of approximately -0.45% from 2023 to 2024, -0.5% from 2024 to 2025, -0.45% from 2025 to 2026, -0.45% from 2026 to 2027, and -0.43% from 2027 to 2028. This indicates a consistent downward trend. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is projected to be -0.44%.

Future trends to watch include:

  • Changes in consumer preferences towards wine varieties.
  • Impact of climate change on vineyards and grape yields.
  • Technological advancements in wine production and their potential to increase efficiency.
  • Government policies regarding agricultural industries and import/export regulations.
  • Competition from other alcoholic beverages gaining popularity among consumers.

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