As of 2023, Japan imported a noticeably smaller amount of wheat or meslin flour compared to the forecasted figures for 2024-2028. The import volume is projected to grow steadily from 10.814 million kilograms in 2024 to 12.635 million kilograms in 2028. This represents a consistent year-on-year increase with a calculated CAGR over this period, illustrating a strong upward trend.
Future trends to watch for in Japan include:
- Potential changes in domestic wheat flour production that could influence import needs.
- Fluctuations in global wheat prices which may impact import costs.
- Policy shifts in trade agreements and tariffs affecting wheat importing.