Forecast: Import of Fresh or Chilled Bone-in Sheep Cuts to Japan

The import of fresh or chilled bone-in sheep cuts to Japan is projected to consistently rise from 2024 to 2028 based on the forecasted values, starting at 32.549 million USD in 2024 and increasing to 36.101 million USD by 2028. This indicates a clear upward trend, reflecting an annual growth rate each year. The year-on-year growth rate is approximately 2.81% from 2024 to 2025 and continues at a steady pace up to 2028.

In 2023, the actual import value was lower, indicating a growing demand for sheep cuts in Japan over the forecast period. The compounded annual growth rate (CAGR) from 2024 to 2028 is approximately 2.58%.

Future trends to watch for:

  • Potential changes in consumer preferences, which could impact import volumes.
  • Trade relations and tariff adjustments between exporting countries and Japan.
  • Economic factors such as currency fluctuations that can affect import prices and demand.
  • Competition with other types of meat and domestic production shifts.

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