Based on the data provided, Japan's fisheries exports are forecasted to grow steadily from $2.28 billion in 2024 to $2.47 billion by 2028. In 2023, the fisheries export value stood at $2.23 billion. The year-on-year percentage variations indicate moderate growth:
Variations:
- 2024: 2.24%
- 2025: 1.75%
- 2026: 2.16%
- 2027: 2.11%
- 2028: 2.07%
Looking at the 5-year Compound Annual Growth Rate (CAGR), it averages out to around 1.99% per year.
Future trends to watch for include the impact of environmental policies on fishery sustainability, advancements in aquaculture technology, and shifts in global demand due to changing dietary preferences. Keeping an eye on trade agreements and geopolitical factors will also be crucial for forecasting long-term export performance.
