The forecasted data shows a consistent but minimal growth in corn feed and residual in Japan, moving from 12.01 million metric tons in 2024 to 12.04 million metric tons by 2028. This suggests a stable market, with an average year-on-year increase of around 0.08%. In 2023, this figure was recorded at 12.00 million metric tons. Over the forecast period, the compound annual growth rate (CAGR) is expected to almost stagnate at approximately 0.07%.
Future trends to watch for include potential shifts in domestic agricultural policies and global feed demand changes that could influence Japan's corn consumption. It's crucial to monitor the impacts of climate change on corn production and international trade agreements that might affect import dynamics.
