In 2023, Japan's fresh or chilled sole imports accounted for 52.29 thousand USD. The forecast from 2024 to 2028 indicates a steady year-on-year increase: 2024 (54.75 thousand USD), 2025 (57.24 thousand USD), 2026 (59.65 thousand USD), 2027 (62.0 thousand USD), and 2028 (64.28 thousand USD). The compound annual growth rate (CAGR) over this five-year period is projected to be approximately 5.2%.
Future trends to watch for include:
- Possible impacts of ecological factors on sole catches, influencing supply and prices.
- Trade policy changes that could affect import regulations or tariffs.
- Shifts in consumer preferences toward sustainable seafood, potentially altering demand.
- Currency fluctuations affecting import costs and pricing strategies.