Forecast: Total Value of Agricultural Production at Farm Gate in Japan

The total value of agricultural production at the farm gate in Japan shows a declining trend from 2024 through 2028, starting at $83.18 billion in 2024 and gradually decreasing to $82.97 billion by 2028. This represents a slight decline with modest year-on-year percentage decreases. As of 2023, the value was recorded at $83.25 billion. Year-over-year trends over the past two years show a stable pattern with minor reductions, indicating a controlled but consistent downturn. The compound annual growth rate (CAGR) over the five years demonstrates a negligible annual decrease, underlining relatively stable agricultural economic conditions but with a slight downward trajectory.

Future trends to watch for in Japan's agricultural sector include:

  • Sustainability practices could influence production methods, possibly improving values.
  • Technological advancements in farming could enhance efficiency and productivity.
  • Global economic conditions and trade policies might impact exports and overall agricultural value.
  • Climate change repercussions could affect yield and crop viability.

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