Based on the forecast data, Japan's imports of fresh or chilled bovine carcasses and half carcasses are expected to grow steadily from 2024 to 2028. Starting at $413.7k in 2024, imports are projected to increase by approximately 4.2% in 2025, 4% in 2026, 3.7% in 2027, and 3.5% in 2028, highlighting a consistent upward trend. In 2023, these imports stood at approximately $397k, showing a notable positive shift in the market.
Future trends to watch for include:
- Potential impact of economic policies affecting trade.
- Changes in consumer preferences towards beef consumption.
- Variations in global beef market conditions that could affect import costs and volume.
- The influence of any new trade agreements or negotiations involving Japan.
