Forecast: Chicory and Lettuce Gross Production in Japan

Based on the given data, the gross production of chicory and lettuce in Japan from 2024 to 2028 is forecasted to remain relatively stable, showing a very slight downward trend year on year. The values in Million US Dollars PPP from 2024 to 2028 are 227.34, 227.33, 227.32, 227.31, and 227.30 respectively. The year-on-year percentage variation is minimal, indicating stability in production. As of 2023, the gross production stood at 227.34 Million US Dollars PPP.

Key Trends:

  • The variations over the last two years show marginal declines.
  • The CAGR over the last five years is negligible, reflecting an almost flat growth rate.

Future Trends to Watch For:

  • Potential impacts of climate change on agriculture.
  • Technological advancements in farming practices.
  • Market demands and shifts in consumer preferences.
  • Government policies and subsidies affecting production.