Key Market Indicators
Exports of frozen food from Japan are set to reach $1.3 billion by 2026, compared to $1.1 billion in 2021, growing an average of 3% year-on-year since 1993. In 2021, Japan was ranked 62nd in the world for frozen food exports, with Oman ahead of them at $1.1 billion. China, Spain, and Mexico were ranked 2nd, 3rd, and 4th, respectively. Imports of frozen food into Japan are set to reach $1.6 billion by 2026, compared to $1.4 billion in 2021, growing at a CAGR of 1.5% year-on-year since 1993. In 2021, Japan was ranked 4th in the world for frozen food imports, with South Korea ahead at $1.4 billion. The United States, South Korea, and Japan were ranked 2nd, 3rd, and 4th, respectively.
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