In 2023, Japan's wheat production was 1.03 million metric tons. From 2024 to 2028, production is forecasted to increase steadily. The year-on-year growth is moderate with an average increase in production, characterized by a stable upward trend, approximately 1-1.5% annually. This translates to a compound annual growth rate (CAGR) of around 1.5% over the forecast period.
Future trends to watch for:
- Impact of climate change on wheat production and crop resilience.
- Technological advancements in farming practices to boost yield.
- Policy changes regarding agricultural subsidies and import regulations.
