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                FAS/Tokyo projects that Japan's fluid milk production will decline in 2025, primarily due to a decrease in the milking cow population anticipated from 2024.
            
                                      
                The retail industry in Japan remained stable despite the continued strength of the U.S. dollar vs. the Japanese yen. To drive demand, retailers have strategically targeted the younger generation who seek easy-to-prepare, frozen, and ready-to-eat foods.
            
                                      
                On June 26, Japan’s Ministry of Agriculture, Forestry, and Fisheries affirmed that it would increase the tariff-rate quota volumes for butter to 14,000 MT, but would leave non-fat dry milk (NFDM) unchanged at 750 MT.
            
                                      
                In 2019, the EU-Japan Economic Partnership Agreement (EPA) entered into force. As a result, Japan approved 16 new wine additives that were previously not allowed in wine produced or consumed in Japan.
            
                                      
                The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
            
                                      
                This report highlights Japan’s food processing industry, notable trends, and a market snapshot of western Japan. The industry experienced a 4.1 percent decline in the value of food produced in 2023 from 2022 on a dollar basis totaling $182 billion compared to $190 billion in 2022.
            
                                      