The import of sparkling grape wines to Japan is forecasted to increase steadily from 2024 to 2028, rising from 47.241 million kilograms to 51.526 million kilograms. Comparing to 2023, this indicates a positive growth trend over the forecasted period with each year experiencing an approximate growth of around 2.3% to 2.4% year-on-year. This reflects a stable interest and potentially increasing demand for sparkling grape wines in Japan over the next five years. The Compound Annual Growth Rate (CAGR) over the five-year forecast period stands at approximately 2.19%.
Future trends to watch for include shifts in consumer preferences towards more premium sparkling wine brands, possible macroeconomic influences on import levels, and potential changes in trade agreements that may affect import tariffs. Observing these factors will be crucial in anticipating any deviations from the current forecast.
