In 2023, the import of frozen swine carcasses and half carcasses to Japan was at a certain baseline level. Fast-forward to the forecast for 2024-2028, a steady decline is projected from 7.22 thousand kilograms in 2024 to 4.3 thousand kilograms in 2028. Year-on-year percentage variations reveal a consistent downward trend, with the most significant decrease occurring towards the end of the period. The compound annual growth rate (CAGR) illustrates a negative average variation per year over this five-year forecast, suggesting shrinking demand or shifting import strategies.
Future trends to watch for include:
- Policy changes impacting import regulations.
- Shifts in domestic demand for pork products.
- Trends in alternative protein sources and consumer preferences.
- Economic factors affecting purchasing power and trade dynamics.
