In 2023, household expenditure on dried horse mackerel in Japan stood at a higher level compared to the forecast data from 2024 onwards. The forecast for 2024 indicates a value of 427.31 yen, which steadily declines each year, reaching 329.93 yen by 2028. This represents a year-on-year decrease of roughly 6% annually, emphasizing a clear downward trend in spending over the forecast period. The compound annual growth rate (CAGR) over five years reflects a continuous decline at a steady rate.
Future trends to watch include changes in consumer preferences, potential economic factors affecting disposable income, and competitive pricing from alternative seafood products. Monitoring these aspects will provide insights into the dynamics of household expenditure patterns in Japan.
