Japan: Livestock and Products Annual
Japanese cattle and swine numbers follow downward trajectories as aging operators continue to exit without successors. As consumption remains relatively flat, fierce competition between proteins for consumer spending and between foreign suppliers for market share should continue through 2017. As total imports of Australian beef contract on tighter supplies, U.S. shippers should reclaim significant market share through 2017. European Union pork suppliers are forecast to continue to dominate the Japanese market for frozen pork cuts, as the United States expands shipments of higher value chilled cuts. Japanese imports of U.S. chilled beef and pork are projected to rebound strongly in 2016, as U.S. year-on-year figures recover from the disruption of the 2015 West Coast ports labor slowdown.
Japan: Livestock and Products Annual