The import of frozen bone-in sheep cuts to Japan is projected to increase steadily from $20.928 million in 2024 to $21.502 million in 2028. Assuming the values in 2023 were slightly below those forecasted for 2024, this indicates a modest year-on-year growth of about 0.7% to 0.8% during this forecast period. The compound annual growth rate (CAGR) over these five years would be similarly modest, averaging slightly below 1% per annum. This steady trend reflects a consistent demand for frozen bone-in sheep cuts in Japan.
Future trends to watch for include global market influences such as changes in trade policies, advancements in cold chain logistics, shifts in consumer preferences towards alternative proteins, and potential impacts from climate change on sheep production. Monitoring these factors will be crucial for predicting longer-term import patterns.
