In 2023, Japan's pork export volume stood close to current forecasts at approximately 4.0 thousand metric tons. The forecast from 2024 to 2027 maintains a steady volume of 4.0 thousand metric tons annually. A significant change is expected in 2028, with a forecasted increase to 5.0 thousand metric tons, indicating a substantial growth forecast towards the end of the period. Year-on-year variation is negligible from 2024 to 2027. The Compound Annual Growth Rate (CAGR) for the entire period suggests a modest upward trend.
Future trends to watch for:
- Impact of policy changes in major importing countries on pork demand.
- Influence of consumer preferences shifting towards or away from pork internationally.
- Potential for increased production capacity and efficiency improvements in Japan.
- Effects of global economic conditions on export competitiveness.