In 2023, Japan's import of maize seed was recorded at 3.82 million kilograms. The forecast for the following years shows a steady increase, with 2024 expected to reach 3.9233 million kilograms. From 2024 to 2028, imports are projected to grow annually, reaching 4.3938 million kilograms by 2028.
Year-on-year growth rates are approximately 3.1% from 2023 to 2024, 3.1% from 2024 to 2025, 2.9% from 2025 to 2026, 2.8% from 2026 to 2027, and 2.6% from 2027 to 2028. The compound annual growth rate (CAGR) over this period stands at around 2.9%.
Looking forward, factors to watch include global climate change impacts on production, trade policies affecting import dynamics, technological advancements in seed improvements, and sustainability trends influencing agricultural practices.
