In 2023, Japan imported approximately 150 million kilograms of prepared or preserved swine shoulders and cuts thereof. The forecasts for 2024 to 2028 indicate a steady growth in imports, with volumes increasing from 153.62 million kg in 2024 to 164.91 million kg in 2028, reflecting a compound annual growth rate (CAGR) of approximately 1.8% over the five-year period. Year-on-year growth is observed to be consistent at around 1.9% to 2.0% as Japan’s demand for these products continues to rise.
Future trends to watch for include:
- Changing dietary preferences and potential shifts towards alternative protein sources could influence import volumes.
- Trade agreements and regulatory changes may impact import costs and volumes.
- Economic factors, such as currency exchange rates, could affect the purchasing power and thus the volume of imports.
- Technological advancements in preservation methods might enhance the viability and demand for imported prepared and preserved meats.