In 2023, Japan's imports of frozen sea urchins amounted to USD 85.5 million. Forecast data from 2024 to 2028 suggests a consistent annual growth rate. There is a year-on-year increase of approximately 2.5% from 2024 to 2025, and this trend continues with a similar growth rate each subsequent year, reaching USD 97.41 million by 2028. Examining the compound annual growth rate (CAGR) from 2024 to 2028 reveals an average annual increase of about 2.5%.
Future trends to monitor include:
- Potential changes in consumer preferences, impacting demand for frozen sea urchins.
- Trade policy shifts or tariffs affecting import dynamics.
- Technological advancements in sea urchin farming and processing.
- Environmental and sustainability concerns influencing sustainable sourcing.
