In 2023, Japan imported a significant amount of fresh or chilled bovine carcasses and half carcasses. Notably, the forecasts from 2024 to 2028 indicate a gradual decrease in imports, with values decreasing from 11.76 to 11.14 thousand kilograms. The year-on-year variations reveal a subtle downward trend, reflecting possibly a change in consumption patterns, domestic production adjustments or shifts in trade policies. The calculated Compound Annual Growth Rate (CAGR) suggests a slight decrease, averaging a fractional decline each year over this five-year forecast period.
Future trends to watch for include fluctuations in global beef supply, potential trade agreements influencing import tariffs, and domestic consumer preferences that may adjust leanings towards different meat sources or increase demand for locally-sourced products. Monitoring these factors will be crucial for anticipating shifts in the importation landscape.
