The import value of prepared or preserved crab into Japan is forecasted to grow steadily from $233.53 million in 2024 to $264.75 million in 2028. This reflects a consistent year-on-year growth pattern, indicating a healthy demand increase. In 2023, the import value stood slightly lower than the 2024 forecast, but with a strong upward trend. Over the forecast period, the Compound Annual Growth Rate (CAGR) is expected to be moderate, pointing towards sustainable growth.
Future trends to watch for:
- Changes in global crab supply chains, potentially affecting costs.
- Shifts in consumer preferences towards sustainable seafood options.
- Impact of trade policies on import tariffs and regulations.
- Technological advancements in processing and preservation methods.