The total number of fishing vessels in Japan is forecasted to decrease steadily from 2024 to 2028. In 2023, the actual number of fishing vessels was recorded at approximately 200.74 thousand. Starting from 194.79 thousand vessels in 2024, projections anticipate a consistent decline to 171.37 thousand by 2028. This reflects a year-on-year decrease averaging around 3%, while the compound annual growth rate (CAGR) over this period is projected to show an average annual decline of about 3.9%.
Future trends to watch include the impact of regulatory changes, advancements in fishing technology, and shifts in fish stock and marine biodiversity. Additionally, economic factors such as fuel prices and labor costs could further influence the number of operational fishing vessels in Japan.
