In 2023, Japan's import of frozen whole skipjack and stripe-bellied bonito stood at a certain level, and the forecast for 2024 to 2028 shows a slight declining trend. Each forecasted year sees a minor decrease in import value, with values dipping gradually from 2024's 50.226 million USD to 2028's 50.152 million USD. The minimal year-on-year change portrays a relatively stable market with limited fluctuations. The Compound Annual Growth Rate (CAGR) over the next five years is modest, reflecting steady but cautious market expectations.
Future trends to monitor include:
- Changes in global fishing quotas affecting supply.
- Shifts in Japanese domestic demand due to dietary trends.
- Economic factors such as exchange rate fluctuations impacting cost.
- Environmental factors affecting the availability of fish.
