In 2023, Japan's frozen sockeye salmon imports stood at 168.40 million US Dollars. The forecast for 2024 is 161.82 million US Dollars, reflecting a decrease of 3.89% compared to the previous year. From 2024 to 2028, the imports are expected to continue to decline, with respective figures of 155.24, 148.71, 142.26, and 135.86 million US Dollars, marking a consistent year-on-year decline of around 4%. The compound annual growth rate (CAGR) over these five years is anticipated to be -4.06%, signifying a downward trend in imports.

Future trends to watch for:

Monitoring alternative seafood sources in Japan's import strategy could provide insights into this decline.
Impact of new trade policies or economic conditions, particularly between Japan and key salmon-exporting countries.
Changes in consumer preferences towards other types of fish or seafood substitutes could further affect these forecasts.