The forecast for the total value of agricultural production at farm gate in Japan from 2024 to 2028 shows a steady increase. The projected values in billion Euros are expected to reach 78.3 by 2028, up from 76.37 in 2024. In 2023, the actual value stood at approximately 75.9 billion Euros, marking a gradual yearly increase.
Year-on-year percentage changes indicate modest growth with each subsequent year within the forecast period, ranging from about 0.7% to 0.8%. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is estimated to be approximately 0.6%.
Future trends to watch for include technological advancements in agriculture that could improve production efficiency and sustainability. Policy changes, particularly those related to trade and environmental regulations, may also affect production values.
