Forecast: Soybeans Production in Japan

The data indicates a gradual decline in soybean production in Japan from 2024 to 2028. In 2024, the production is forecasted at 215.5 thousand metric tons, decreasing slightly each subsequent year to 212.44 thousand metric tons by 2028. Comparing year-on-year variations, there is a consistent decline of approximately 0.36% annually. The compound annual growth rate (CAGR) over this period reflects a steadily declining trend.

Future trends to watch for include:

  • Potential environmental impacts, such as climate change, affecting crop yields.
  • Technological advancements in agriculture that might mitigate production declines.
  • Shifts in domestic and global soybean demand influencing production strategies.

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