ANALYSIS: Tourism Boom Aids Japan's 2024 Total Beef Imports to Rise 4.4% Y-o-Y Despite Weak Yen
Japan’s 2024 total beef imports rose 4.4% year-on-year to 526,166 metric tons (mt), according to the latest statistics by Trade Statistics of Japan.
As the world’s third-biggest beef importer, inbound tonnage was 22,227 mt higher compared to the previous year, aided by its tourism boom. Higher volumes from Australia, New Zealand and Uruguay supported this growth, while supply from the United States (US) slumped as it grappled with its lowest herd size in 73 years...
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