The forecasted gross production of green peas in Japan shows a gradual decrease in value from 2024 to 2028. From a 2024 value of 14.99 million USD PPP, the projections suggest a consistent annual decline, reaching 14.46 million USD PPP by 2028. The year-on-year decline averages out to about 0.87%, representing a sustained downward trend. As of 2023, the production was expected to be approximately equal to the 2024 forecast, indicating stability before the projected decrease.
Future trends to watch for include:
- Changes in consumer demand for green peas in Japan.
- Potential shifts in agricultural policy or technology that could impact production efficiency.
- The influence of global market forces on local production capabilities and pricing.