In 2023, Japan's maize oil production stood at 77.86 thousand metric tons. Forecasts for 2024 to 2028 indicate a gradual decline in production, starting from 77.24 thousand metric tons in 2024 and decreasing to 74.79 thousand metric tons by 2028. The year-on-year decrease in production reflects a consistent downward trend.
Key yearly variations include:
- -0.78% (2024-2025)
- -0.81% (2025-2026)
- -0.80% (2026-2027)
- -0.78% (2027-2028)
The compound annual growth rate (CAGR) over this period shows an average annual decrease of approximately -0.80%, highlighting the sustained reduction in output.
Future trends to watch for include potential impacts from environmental policies, technological advancements in agriculture, and shifts in domestic or global demand for maize oil. These could significantly influence production levels and overall market dynamics in Japan.
