In 2023, the supply of shelled walnuts in Japan stood at 43.47 thousand metric tons. Forecasted data suggests a steady increase through 2028. From 2024 to 2028, annual growth in supply is expected to range between 1.6% and 1.7%, resulting in a cumulative growth of approximately 8.09% over this period. The compound annual growth rate (CAGR) for the next five years is projected to be 1.73%.
Future Trends to Watch:
- Potential fluctuations in global walnut production and supply chains could impact Japan's import levels.
- Changes in consumer preferences towards healthier snacks may further boost demand for shelled walnuts.
- Trade policies and tariffs could influence the pricing and availability of shelled walnuts in Japan.
- Technological advancements in agricultural practices might enhance the efficiency and yield of walnut production globally, affecting Japan's supply.