The actual maize market size volume in Japan for 2023 was 1.67 million metric tons. Forecasted data indicates a gradual decline from 2024 to 2028, with values starting from 1.66 million metric tons in 2024 to 1.64 million metric tons in 2028.
Year-on-year percentage variation between 2023 and 2024 remains relatively flat, indicating a stabilization at a high baseline. Over the period from 2026 through to 2028, the market is expected to decrease slightly year-on-year by approximately 0.60% annually.
- 2023 to 2024: 0.00%
- 2024 to 2025: 0.00%
- 2025 to 2026: -0.60%
- 2026 to 2027: 0.00%
- 2027 to 2028: -0.60%
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 reveals a very slight annual decrease, reflecting consistent minute declines over the period.
Future trends to watch for include technological advancements in farming practices, potential shifts in domestic demand due to population changes, and the effects of international trade policies on maize imports.