The forecast for Japan's imports of dried, salted, or in brine, smoked shrimps and prawns indicates a gradual decline from 2024 to 2028. In 2023, the import value stood at $22.15 million USD. Year-on-year variations show a consistent decrease, with figures dropping from $21.856 million USD in 2024 to $20.771 million USD in 2028. This steady reduction is noteworthy with an estimated compound annual growth rate (CAGR) indicating a downward trend.
Future trends to watch for:
- Shifts in dietary preferences in Japan favoring alternative seafood or protein sources.
- Potential trade policy changes affecting import costs and volumes.
- Environmental factors influencing shrimp and prawn supply globally.