The groundnut production in Japan is projected to experience a steady decline from 2024 to 2028. Starting at 10.43 thousand metric tons in 2024, the production is expected to decrease year-on-year by 5.4% to 9.87 thousand metric tons in 2025, then continue to drop by 5.5% to 9.33 thousand metric tons in 2026, by 5.7% to 8.8 thousand metric tons in 2027, and by 5.9% to 8.28 thousand metric tons in 2028. By examining these figures, we observe a decreasing trend with an average annual reduction rate of approximately 5.62% over the five-year period.
For future trends to watch:
- Climate changes and their impact on agricultural productivity in Japan.
- Advances in agricultural technologies that may improve yield efficiency.
- Shifts in domestic and global demand for groundnuts.
- Government policies and subsidies affecting groundnut farming.
