Maize demand in Japan has shown a steady increase from 15.83 million metric tons in 2024, to 16.04 million metric tons projected for 2028. Compared to 2023's actual demand, these figures indicate a consistent annual growth trajectory. Year-on-year variations for 2024 and 2025 are approximately 0.38%, and for 2026 and 2027, demand rises at about 0.31%. From 2023 to 2028, this results in a CAGR of around 0.33%.
Future trends to watch for:
- Potential shifts in agricultural policies and trade agreements.- Technological advancements in agricultural productivity.- Changes in dietary preferences and consumption patterns.- Global market fluctuations impacting import and export dynamics.