The forecast for sweeteners import volume in Japan shows a gradual decline from 2024 to 2028. Starting at 1.38 million metric tons in 2024, the import volume is expected to decrease to 1.32 million metric tons by 2028. In 2023, the actual import volume stood at 1.40 million metric tons. This indicates a year-on-year decline of 1.43% from 2023 to 2024, 0.72% from 2024 to 2025, 1.46% from 2025 to 2026, 0.74% from 2026 to 2027, and 1.49% from 2027 to 2028. The five-year CAGR for the period from 2024 to 2028 is approximately -1.09%.
Future trends to watch for include changing consumer preferences towards healthier alternatives, potential increases in domestic production capabilities, and any new regulations impacting import and manufacturing practices. Additionally, fluctuations in global market prices for sweeteners could further influence these trends.
