The import of soy sauce to Japan stood at 2.62 million kilograms in 2023. The forecasted data from 2024 to 2028 shows a steady increase over the years:
• From 2024 to 2025, a year-on-year increase of 3.37% is expected.
• From 2025 to 2026, a year-on-year increase of 3.19% is forecasted.
• From 2026 to 2027, a year-on-year increase of 3.03% is anticipated.
• From 2027 to 2028, a year-on-year increase of 2.89% is predicted.
• The average annual growth rate (CAGR) over the next five years is projected to be 3.17%.
Future trends to watch for include potential shifts in consumer preferences, trade policy changes, and supply chain disruptions that may impact the steady growth rate. Sustainable production practices and health trends favoring soy-based products could also influence future import levels positively.