In 2023, the orange juice supply in Japan was recorded at 71 thousand metric tons. The forecasted supply for 2024 is expected to rise to 72.54 thousand metric tons, reflecting a year-on-year increase of approximately 2.17%. For 2025, the projected supply is 73.81 thousand metric tons, a 1.75% increase from 2024. Continuing the upward trend, 2026 is forecasted to reach 75.07 thousand metric tons (1.71% increase), 2027 at 76.31 thousand metric tons (1.65% increase), and 2028 at 77.54 thousand metric tons (1.61% increase). This demonstrates a steady annual compound annual growth rate (CAGR) of around 1.72% over the next five years.
Future trends to watch for:
- Potential changes in consumer preferences towards healthier beverages affecting demand.
- Impact of global climate changes on orange production and supply.
- Economic impacts and currency fluctuations influencing import costs.