The forecast for frozen mackerel imports to Japan indicates a gradual decline in value over the upcoming years from 2024 to 2028. In 2023, imports stood at a higher value than in the forecasted years, marking a trend of contraction. From 2024 to 2025, a year-on-year decrease of approximately 2.44% is projected, while from 2025 to 2026 the decline slightly slows to 2.49%. The trend continues as imports fall by 2.52% in both 2026 to 2027 and 2027 to 2028. The five-year compound annual growth rate (CAGR) thus reflects a persistent and modest average reduction.
Future trends to watch include potential changes in global mackerel supply due to climate impacts, shifts in Japan's demand driven by dietary changes, and trade developments that might alter import dynamics. Monitoring these factors is crucial for understanding the continuation or reversal of current trends.
