In 2023, Japan's milled rice supply was 9.8 million metric tons. Forecast data from 2024 indicates a decreasing trend in supply, with values of 9.49 million metric tons in 2024 and gradually diminishing to 8.34 million metric tons by 2028. This represents a year-on-year decline of approximately 3.1% from 2024 to 2028. The five-year compound annual growth rate (CAGR) is estimated at around -3.2%.
Future trends to watch for include shifts in consumer preferences, potential changes in agricultural policy, and environmental impacts on production. Additionally, economic factors and technological advancements in agriculture could influence future supply levels.
