In 2023, Japan's centrifugal raw sugar imports were at 1.05 million metric tons. The forecast from 2024 to 2028 indicates a gradual decrease in volume, moving from 1.04 to 1.0 million metric tons. This reflects an average annual decrease of about 1% in imports. The year-on-year variations show a decrease of approximately 0.97% annually.
Future trends to watch for include:
- Potential changes in domestic sugar consumption and production impacting import needs.
- Fluctuations in global sugar prices affecting import volume.
- Trade agreements and government policies influencing Japan's import strategy.
- The impact of health trends shifting towards alternative sweeteners.