The anticipated decline in Japan's agricultural, forestry, and seafood production volumes from 2024 to 2028 reveals a steady decrease, with forecasts dropping from 11.31 trillion yen in 2024 to 10.777 trillion yen in 2028. This represents a compound annual growth rate (CAGR) of approximately -1.23%, indicating a consistent downward trend over the five-year period. As of 2023, production stood at just above 11.31 trillion yen, suggesting ongoing challenges.
Looking ahead, key trends to consider include:
- Impact of climate change on agricultural outputs and forestry resources.
- Demographic shifts possibly affecting labor availability in these sectors.
- Technological advancements like precision farming and aquaculture improvements could help offset declines.
- Policy shifts and trade dynamics affecting exports and imports within these industries.
