As of 2023, Japan's import of whole cinnamon and cinnamon-tree flowers stood at approximately 1.7 million kilograms. The forecast for 2024 onward shows a steady increase, with figures reaching 1.8255 million kilograms by 2028, reflecting a consistent upward trend. Year-on-year, Japan's imports are projected to grow by about 1.5% annually. The Compound Annual Growth Rate (CAGR) over the five years is estimated at approximately 1.6%.
Future trends to watch include:
- Possible shifts in global supply chains affecting availability and prices.
- Changes in consumer preferences towards organic or sustainably sourced spices.
- Impact of international trade policies on import volumes.
