Forecast: Household Expenditure on Fish and Shellfish in Japan

In 2023, the household expenditure on fish and shellfish in Japan stood at approximately 55.40 thousand Japanese Yens. Over the forecasted period from 2024 to 2028, there is a noticeable declining trend in expenditure, decreasing from 54.48 to 51.06 thousand Japanese Yens. This reflects annual decreases averaging around 1.60% per year in compound annual growth rate (CAGR) terms. The year-on-year variation indicates a steady reduction in spending, approximately 1.62% per annum, suggesting a continued decline trend.

Future trends to watch for include potential impacts of changing dietary preferences, economic shifts, and sustainability concerns which may further influence consumption and expenditure patterns on fish and shellfish amidst Japan's aging and declining population.

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