The forecasted gross production value of sweet potatoes in Japan shows a marked declining trend from 2024 to 2028. In 2024, the production value is projected at 116.39 million USD, decreasing annually to reach 87.88 million USD by 2028. This represents a compound annual growth rate (CAGR) of -7.2% over the five-year period. The yearly decline rates approximate -6.21% from 2024 to 2025, -6.47% from 2025 to 2026, -6.95% from 2026 to 2027, and -7.39% from 2027 to 2028.
- 2024: 116.39 million USD
- 2025: -6.21% YOY
- 2026: -6.47% YOY
- 2027: -6.95% YOY
- 2028: -7.39% YOY
Given this declining trend, future considerations should include potential factors such as shifts in consumer preferences, agricultural productivity, and economic conditions that could impact production and demand for sweet potatoes in Japan. Monitoring import-export dynamics and technological advancements in agriculture could also provide valuable insights into the potential changes in production trends.
