The import forecast for black tea in packages exceeding 3 kg to Japan shows a gradual decline over the 2024-2028 period. Starting at 22.472 million kilograms in 2024, the volume is projected to decrease at a year-on-year rate of roughly 1.9% from 2024 to 2028. In 2023, the imports were higher, showing a downward trend in upcoming years.
- Year-on-year variation: import volumes are anticipated to decline by approximately 1.9% annually from 2024 to 2028.
- CAGR for 2024-2028: the compound annual growth rate indicates an average annual decrease of about 1.9% in imports.
Future Trends to Watch:
• Increased competition from alternative tea beverages and changing consumer preferences could further impact future imports.
• Economic conditions and trade agreements will play crucial roles in shaping import trends of black tea to Japan.
