The import value of dried, salted, or in brine Gadiformes fillets to Japan is forecasted to decline steadily from 2024 to 2028. The values decrease from $463.1 thousand in 2024 to $446.62 thousand in 2028. This represents a year-on-year reduction, with each year showing a slight decrease. Compared to 2023, if the import figures were similar to 2024, Japan is poised for a cautious decline. From a growth perspective, the compounded annual growth rate (CAGR) over these five years signifies a modest downward trajectory, reflecting a sustained reduction in demand or changes in market conditions.
Future trends to watch for include:
- Global seafood consumption patterns and their impact on Japan's imports.
- Economic factors affecting purchasing power and import capabilities.
- Supply chain factors, including sustainability and sourcing changes.
- Shifts in consumer preferences towards alternative seafood sources.
