The forecasted production of mandarins at farm gate in Japan is set to increase consistently from 2024 to 2028. Starting at 1.47 billion Euros in 2024, values are predicted to steadily rise to 1.53 billion Euros by 2028. The historical production value in 2023 stood at 1.45 billion Euros, indicating a year-on-year growth of approximately 1.4% in 2024. For the years following, variations show a steady annual increase: 1.36% from 2024 to 2025, 0.67% from 2025 to 2026, 0.67% from 2026 to 2027, and 13.2% from 2027 to 2028. The compound annual growth rate (CAGR) between 2024 and 2028 is projected to be around 1.04%.
Trends to watch for in the future include potential impacts of climate change on agricultural output, advancements in farming technologies, fluctuations in economic conditions, and evolving consumer preferences towards fresh produce. These factors could significantly affect the production forecasts and alter the growth trajectory over the next few years.
