The forecasted import of cocoa paste not defatted to Japan indicates a consistent year-on-year increase: 3.2% from 2024 to 2025, 3.0% to 2026, 2.9% to 2027, and 2.7% to 2028. The Compound Annual Growth Rate (CAGR) for 2024-2028 is approximately 2.9%. In 2023, imports were lower than 19.292 million kilograms. This upward trend reflects a steady increase in demand, though the growth rate slightly decreases each year.
Future trends to watch for include the impact of global cocoa supply fluctuations, potential changes in consumer preferences towards healthier or alternative products, and Japan's trade policy adjustments which could affect import volumes.
