Based on observed data, the import of live swine except pure-bred breeding weighing 50 kg or more to Japan was at an estimated value (in s) in 2023, acting as a baseline for future forecasts. The forecast for 2024 through 2028 indicates a steady decline from 469 to 448, reflecting a year-on-year decrease in imports, with constant reductions each year.
Factors influencing this trend may include Japan's domestic production adjustments, changes in consumption patterns, or trade policy shifts. The five-year compound annual growth rate (CAGR) highlights a continuous downtrend, signifying a strategic shift potentially aimed at reducing foreign dependencies or addressing health standards.
Future trends to monitor include:
- Japan's domestic agricultural policies and production capabilities.
- International trade agreements and their impact on local markets.
- Potential outbreaks of swine-related diseases influencing import decisions.