The import of fresh or chilled boneless sheep cuts to Japan is forecasted to grow steadily from 2024 to 2028. Starting with a volume of 9.0881 million kilograms in 2024, this figure sees consistent year-on-year increases, culminating in 9.8896 million kilograms by 2028. Given the figures, the average Compound Annual Growth Rate (CAGR) over these five years is reflective of a robust and gradual upward trend in imports.
Future trends to watch for include:
- Changes in consumer preferences for sheep meat in Japan, which may impact demand.
- Economic factors such as tariffs or trade agreements, potentially affecting import volumes.
- Developments in alternative protein sources, which could either compete with or complement sheep meat in the Japanese market.