The forecast for the import of frozen bone-in bovine cuts to Japan from 2024 to 2028 shows a declining trend. In 2024, the value is projected at 6.4648 million USD, decreasing each year to 5.1599 million USD by 2028. Compared to the 2023 actuals, this data suggests a consistent lowering trajectory with diminishing imports over the five-year period.
Important aspects to watch moving forward include:
- Changes in Japanese consumer preferences towards beef consumption.
- Economic factors affecting import costs, such as currency fluctuations and tariffs.
- Global beef supply chain disruptions or developments
- Competing protein market dynamics.