In 2023, Japan's soya beans gross production was valued at approximately $96.44 million USD. From 2024 to 2028, the forecasted value reveals a steady year-on-year growth, ranging from approximately 1.07% to 0.97%, with a compound annual growth rate (CAGR) of about 1.02% over this five-year period. This consistent increase indicates a stable upward trend in production value.
Future trends to watch for include potential impacts of climate change on crop yields, technological advancements in agricultural practices, and fluctuations in global demand and trade policies that could affect Japan's soya bean market and resource allocation strategies.
