The import of frozen whole turkeys to Japan is projected to decrease significantly between 2024 and 2028, with values declining from $178.38 thousand USD to $67.59 thousand USD over this period. This represents a substantial cumulative drop in import value, highlighting a consistent downward trend. The year-on-year variation shows continuous decreases, with notable drops each consecutive year. The compound annual growth rate (CAGR) indicates an average annual decline over the five-year forecast period. These projections indicate a shrinking demand or an increase in alternative sourcing or production domestically.
Future trends to watch include potential shifts in consumer preferences towards alternative meats or domestic poultry products in Japan. Additionally, any changes in trade policies, tariffs, or health concerns could influence future import volumes. Monitoring these factors will be crucial to adapting to market changes and leveraging any emerging opportunities or mitigating potential risks in the import landscape.