The import of unfermented grape must to Japan is forecasted to decline steadily from 2024 to 2028. In 2023, imports stood at approximately 3.15 million kilograms. The year-on-year variation over the forecasted period shows a consistent decrease indicative of shrinking demand or possible market shifts away from this product. The compound annual growth rate (CAGR) over this five-year span indicates a negative growth rate, reflecting a steady contraction in volume year over year.
Future trends to watch for:
- Potential shifts in Japanese consumer preferences towards alternative beverage products.
- Changes in global production or supply chain factors affecting availability and price of grape must.
- Impact of economic factors such as trade agreements or regulations on imports.
