Japan's wine production in 2024 forecasted at 79.28 thousand metric tons is expected to slightly decrease over the next five years to 79.12 thousand metric tons in 2028. Compared to 2023, the production stands slightly lower, continuing a slight downward year-on-year trend. The five-year compounded annual growth rate (CAGR) indicates an insignificant average decline. This points to a stable yet diminishing production landscape in Japan.
Future trends to watch for include:
- Effects of climate change on vineyard suitability and grape yields in Japan.
- Potential shifts in consumer preferences, especially among younger demographics.
- Impact of technological advancements in viticulture and winemaking processes.
- Trade dynamics and policies affecting raw material export and importation.