In 2023, Japan's import of prepared or preserved anchovies stood at 1.6839 million kilograms. The forecast data from 2024 to 2028 suggest a gradual decline in import volume, starting at 1.6561 million kilograms in 2024 and decreasing to 1.5468 million kilograms by 2028. The year-on-year variations indicate a consistent decrease, reflecting a decline in the demand or availability of anchovies for import. The compound annual growth rate (CAGR) over the forecasted period shows a negative trend, depicting an average yearly decline in import volumes.
Future trends to watch for include:
- Changes in consumer preferences towards other seafood products.
- Variations in global anchovy production affecting supply.
- Trade policy shifts impacting import tariffs and costs.
