Forecast: Garlic Exported to Japan by Thailand

From 2013 to 2023, Thailand's garlic exports to Japan showed significant fluctuation with considerable growth particularly from 2018 to 2023. In 2023, the exported value stood at $67,000. Between 2022 and 2023 there was a year-on-year increase of 4.69%. Over the last two years, the growth rate was 5.67%. The 5-year Compound Annual Growth Rate (CAGR) from 2019 to 2023 was 14.53%.

The forecast indicates that from 2024 to 2028, the growth in garlic exports to Japan is expected to stabilize with a CAGR of 1.68% and an 8.7% overall growth rate over the five years.

Future trends to watch for:

  • Potential impact of changing agricultural policies in Thailand and Japan.
  • Emerging consumer trends favoring organic and sustainably-sourced garlic.
  • Fluctuations in demand driven by the culinary trends and health benefits associated with garlic intake.
  • Trade agreements or constraints that might affect export volumes and values.

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