In 2023, the import value of frozen lobsters to Japan was approximately 31.250 million US dollars. The forecasted data from 2024 to 2028 shows a steady growth from 31.806 million to 33.981 million US dollars, reflecting a Compound Annual Growth Rate (CAGR) of around 1.67% over this period. Year-on-year percentage increases are modest, averaging between 1.75% and 1.60%. This suggests a stable but moderate growth in Japan's demand for frozen lobsters.
Future trends to watch include changes in consumer preferences for seafood, developments in international trade agreements, and fluctuations in lobster supply, particularly from key exporting countries like Canada and the United States. Additionally, environmental factors affecting lobster populations could impact import volumes and prices.
