The forecast for Japan's frozen cold-water shrimps and prawns imports shows a gradual decline from 2024 to 2028, with values decreasing from 119.93 million USD in 2024 to 84.232 million USD in 2028. Compared to 2023's actual figure, the import value reflects a consistent downward trend, with an average annual decrease of 12.1% over these five years. The CAGR indicates a steady contraction of the market each year. Year-on-year changes describe a consistent reduction trajectory, implying shifts in demand or potential supply challenges.
Future trends to watch include changing consumer preferences, global supply chain adjustments post-pandemic, and environmental policies affecting aquaculture practices. Monitoring these will be crucial in understanding Japan's import dynamics for frozen seafood products.
