The forecast for household expenditure on crabs in Japan shows a noticeable declining trend from 2024 to 2028. With expected expenditures starting at 929.02 Japanese Yens in 2024, the forecast suggests a steady decrease, reaching 752.33 Yens by 2028. This represents a negative compound annual growth rate (CAGR) over the five-year period.
The year-on-year analysis reveals a consistent decline: a 4.9% decrease from 2024 to 2025, a 5.05% drop from 2025 to 2026, a 5.21% fall from 2026 to 2027, and a 5.38% reduction from 2027 to 2028. This pattern indicates increasing cost-saving behavior among Japanese households related to crab expenditure, potentially driven by rising prices, alternative seafood options, or broader economic factors.
Future trends to watch for include:
- Changes in consumer preferences towards other seafood or non-seafood options.
- Potential price fluctuations due to supply chain changes or environmental impacts on crab availability.
- Economic factors influencing disposable income and discretionary spending habits in Japan.
