The forecasted soybean supply in Japan for 2024 is 3.92 million metric tons, reflecting consistency from 2023's actual supply. The projections for 2025 to 2028 show a stable increase, reaching 3.94 million metric tons in 2027 and 2028. Year-on-year growth percentages indicate steady but minimal increases: 0.25% from 2024 to 2025, and remaining constant at 0.25% through to 2028. The five-year CAGR is approximately 0.13%, highlighting slow yet stable supply growth.
Future trends to watch for:
- Potential impacts of climate change on crop yields.
- Shifts in domestic and international demand for soybeans.
- Technological advancements in agriculture that could affect supply.
