The forecasted primary oilseeds production in Japan for 2024 is 43.5 thousand metric tons, showing a slight year-on-year decline from 2023 where the production stood at 43.8 thousand metric tons. By 2025, production is expected to decrease further to 43.21 thousand metric tons, continuing this trend through to 2028 with a projected value of 42.38 thousand metric tons.
Year-on-year variation percentages indicate a consistent decline, with -0.67% from 2024 to 2025, -0.65% from 2025 to 2026, -0.65% from 2026 to 2027, and -0.63% from 2027 to 2028. The compound annual growth rate (CAGR) over the last five years suggests an average annual decrease of 0.71%.
Future trends to watch for include potential shifts in domestic agricultural policies, advances in crop technology, and changes in global oilseeds market dynamics that could influence Japan's production levels. Monitoring these factors will be crucial in understanding and forecasting longer-term trends in primary oilseeds production.
