In 2023, Japan imported live bovine animals, excluding pure-bred breeding, valued at an undisclosed amount. From 2024 to 2028, the forecast indicates a consistent growth trajectory, with the import value rising from 46.924 million USD in 2024 to 52.543 million USD in 2028. Year-on-year growth rates show a steady increase, reflecting the positive momentum in Japan's demand for live bovine animals. The calculated Compound Annual Growth Rate (CAGR) over this period will provide more insight into average yearly growth, though specific values require broader historical data for context.
Future trends to watch for include the impact of international trade policies, domestic demand fluctuations, and potential advancements in alternative meat production, which could affect the demand for live bovine imports. Additionally, monitoring exchange rate fluctuations and the global cattle market conditions will be crucial for forecasting future import dynamics.
