The demersal fish production in Japan is projected to follow a declining trend from 2024 to 2028, with forecasted volumes diminishing annually. The production is predicted to decrease from 361.85 thousand metric tons in 2024 to 324.89 thousand metric tons by 2028. Although we don't have the 2023 figure, the year-on-year decline commences at approximately 2.64% from 2024 to 2025, and continues with a similar downward trend annually. The compound annual growth rate (CAGR) reflects a steady rate of decline over the five-year forecast period.
Future trends to watch for:
- Monitoring government policies and regulations impacting fishing quotas and conservation efforts.
- Assessing the impact of technological advancements in sustainable fishing practices.
- Evaluating consumer demand shifts potentially favoring alternative sources of protein over traditional fish.
- Observing environmental changes affecting marine ecosystems and fish stock health.