In 2023, Japan's soybeans production at farm gate stood at 236.88 million Euros. Moving forward from 2024 to 2028, the forecast indicates a steady increase in production value, with a projected growth rate of approximately 0.91% year-on-year in 2025, 0.88% in 2026, 0.86% in 2027, and 0.84% in 2028. Over the next five years, the compound annual growth rate (CAGR) is estimated to be around 0.87%.
Future trends to watch for include:
- Advancements in agricultural technology and methods, which could potentially boost production efficiency and yields.
- Market demand fluctuations driven by domestic consumption trends and international trade policies.
- Environmental factors such as climate change and their impact on crop yields and production stability.
- Government policies and subsidies aimed at supporting soybeans production and ensuring food security for the nation.