ANALYSIS: Japan's Aug 2024 Beef Imports Dips 0.9% M-o-M; Australia and New Zealand Lead Yearly Gains
Japan’s August 2024 beef imports slipped by just 0.9% month-on-month (m-o-m) to 48,884 metric tonnes (mt), according to the latest data from Trade Statistics of Japan.
Marking the fourth consecutive month below the 50,000 mt threshold, the pace of import growth was eroded by Japan’s blistering summer conditions and a weak yen, which has contributed to a slowdown in the dining-out sector.
Compared to the same period last year, imports grew a healthy 7.0%...
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