The import of fresh or chilled meat of bovine animals to Japan is forecasted to gradually increase from 2024 to 2028, starting at approximately 2.41 billion US dollars in 2024 and reaching about 2.62 billion by 2028. In 2023, the value stood slightly lower, indicating a steady growth pattern. The year-on-year growth between each of these forecasted years averages around 2-3%, with a compound annual growth rate (CAGR) estimated over the five-year period.
Key future trends to monitor include shifts in trade policies, consumer demand for nutritional diversification, and potential disruptions in global supply chains. Additionally, monitoring Japan's domestic beef production can offer insights into import needs.
