Japan: Dairy and Products Annual
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Fluid milk production will drop slightly in 2024 as the number of cows in milk decreases. Tourism stimulated by foreign visitors will boost demand for dairy products in the foodservice industries, which will offset the dip in retail sales. Japan’s 2024 butter and cheese imports will rise to fill a gap between domestic production and demand, but imports of non-fat dry milk powder will be minimal since stocks already are high.