Key Market Indicators
Japanese seafood exports are predicted to reach $1.59 billion by 2026, a 1.3% annual growth rate from $1.45 billion in 2021. Since 2000, the country's supply has increased by 0.7% annually. In 2021, Thailand topped the ranking with $1.45 billion, while Norway, India and Vietnam came in second, third and fourth, respectively. Meanwhile, Japanese seafood imports are estimated to hit $10.1 billion by 2026, a 0.8% decrease year-on-year from $10.4 billion in 2021. Since 2000, Japanese demand has dropped 0.8% annually. In 2021, the US topped the ranking with $10.4 billion, while Japan, China and Spain came in second, third and fourth, respectively.