In 2023, Japan imported hop extract amounting to a certain value expressed in thousand kilograms, from which we now forecast a steady increase from 2024 to 2028. The projected figures for 2024 to 2028 show incremental growth each year. From 2024 to 2025, there is an anticipated increase of approximately 0.93%, and similar growth rates are expected annually, culminating in a cumulative growth of 1.03% by 2028. The compound annual growth rate (CAGR) over the five-year forecast period stands consistently around 0.9%.

Future trends to watch for:

Potential impact of global supply chain disruptions on import volumes.
Changes in domestic consumption patterns and demand for hop-based products.
The influence of trade policies and agreements on import dynamics.
Technological advancements or innovations in domestic hop production influencing imports.