In 2023, the household expenditure on broiled eels kabayaki in Japan stood at approximately 1.68 thousand Japanese Yens. The forecast from 2024 to 2028 shows a consistent decline in expenditure, dropping from 1.64 to 1.48 thousand Yens. This represents a year-on-year decrease of around 2.5% each year. The compound annual growth rate (CAGR) over this five-year period is negative, indicating a diminishing market interest or a shift in spending preferences.
Future trends to watch for:
- Changes in consumer food preferences potentially impacting eel consumption.
- Impact of environmental and sustainability issues on eel fishing and production.
- Potential policy changes regarding fishing regulations and import tariffs.
- Influence of rising health consciousness leading to lower consumption of traditional dishes.