The demand for demersal fish in Japan is forecasted to decline steadily from 2024 to 2028, with projections showing a gradual decrease from 789.48 thousand metric tons in 2024 to 761.47 thousand metric tons in 2028. This represents a consistent downward trend of approximately -0.9% year-on-year. The historical data for 2023 is not provided, but the given forecast highlights a notable downward trajectory. The compounded annual growth rate (CAGR) for this period indicates a decline in demand.
Future trends to watch for may include changes in consumer preferences towards alternative protein sources, potential regulatory impacts on fishing practices, as well as broader economic conditions, which could influence the demand for demersal fish in Japan. Monitoring these factors will be crucial for understanding market dynamics and making informed decisions moving forward.
