In 2023, imports of combine harvester-threshers to Japan were valued at 11.500 million USD. The forecast indicates a steady decline from 2024, with a year-on-year decrease of approximately 3% through 2028, where the value is expected to fall to 9.8607 million USD. Over the five-year period, the compound annual growth rate (CAGR) reveals an average annual decline of about 3.1% in import value.
Future trends to watch include:
- Pace of technological advancements and their impact on domestic production.
- Policy changes related to agricultural equipment imports.
- Shifts in agricultural practices and mechanization needs in Japan.