The forecast for imports of dried, salted or in brine, and smoked cuttlefishes and squids into Japan from 2024 to 2028 shows a gradual decline. In 2023, this import market stood at a level which will see a steady decrease annually, with the year-on-year percentage changes illustrating this downward trend. From 2024 to 2028, the import value is projected to fall from 19.461 million USD to 18.185 million USD. The compound annual growth rate (CAGR) over this five-year period suggests a consistent downturn in import activity.
Future trends to watch for include:
- Changes in consumer preferences towards more sustainable and locally sourced seafood options.
- Potential regulatory changes affecting the seafood import market due to environmental and trade policy shifts.
- Advances in aquaculture technology within Japan that could reduce dependence on imports.
