In 2023, the actual household expenditure on salted and dried fish in Japan was below the forecasted 2024 figure of 10.2 thousand Japanese yen. The data show a declining trend from 2024 to 2028, with a year-on-year decrease of approximately 1.6% in 2025, 1.5% in 2026, and continuing at a similar rate to reach 9.58 thousand yen by 2028.
The compound annual growth rate (CAGR) over this forecast period is negative, indicating a consistent reduction in expenditure on these products in Japan.
Future trends to watch for:
- Shifts in consumer dietary preferences potentially favoring fresher options.
- Impact of demographic changes, such as an aging population, on spending behavior.
- Influence of economic factors, including inflation and disposable income, on consumer choices.