In 2023, Japan's imports of smoked Pacific, Atlantic, and Danube salmon, including fillets, were valued at $12.7 million. Forecast data suggests a steady increase in the years to follow, with values reaching $13.445 million in 2024 and progressing to $16.467 million by 2028. Year-on-year, this reflects growth rates starting at 5.56% for 2025, gradually decreasing to 4.74% annually by 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at 5.13%.
Future trends to watch for include:
- Potential impact of changing consumer preferences and dietary habits on demand.
- The role of supply chain logistics and trade agreements in shaping import volumes and pricing.
- Environmental factors affecting salmon production, which may influence supply and market stability.