The household expenditure on shellfish in Japan is forecasted to decline steadily from 2024 to 2028, from 2.08 thousand yen in 2024 to 1.73 thousand yen in 2028. For context, the value in 2023 stood at 2.15 thousand yen. Year-on-year, this reflects a negative trend in consumer spending on shellfish, with decreases of approximately 4.33% for 2025, 4.52% for 2026, 4.21% for 2027, and 4.95% for 2028. The compound annual growth rate (CAGR) from 2023 to 2028 indicates an average annual decrease of around 4%.
Future trends to watch for may include potential influences from global shellfish supply changes, shifts in consumer preferences towards alternative seafood, and economic factors that could impact disposable income and, thus, expenditure on luxury food items like shellfish. Monitoring these factors will be crucial for understanding the trajectory of household expenditure in this market segment.
