The import of frozen lobsters to Japan in 2023 was 1.1867 million kilograms. The forecasted data shows a steady year-on-year increase in import volumes: 0.37% in 2024, 0.37% in 2025, 0.36% in 2026, 0.35% in 2027, and 0.34% in 2028. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 0.36%.
Future trends to watch for:
- The impact of currency fluctuations between the yen and exporting countries' currencies.
- The influence of any changes in Japan's seafood demand and consumer preferences.
- Potential shifts in international trade policies that could affect import regulations and tariffs.
- The effect of sustainability measures and certifications on the sourcing and supply of frozen lobsters.