Key Market Indicators
The import of antibiotics in Japan is projected to decline to approximately $269 million by 2028, down from about $327 million in 2023. This marks an average annual decrease of 3.2%. Historical data since 1993 indicates a steady decline in Japanese demand, averaging a 0.5% drop per year. On the export front, Japan's antibiotics exports reached roughly $94 million in 2023, a significant decrease from about $114 million in 2022. This represents a 17.3% decline year-on-year. Over the past three decades, Japanese antibiotic exports have similarly shown a downward trend, with an average annual reduction of 13.5%.
