The forecasted demand for cassava in Japan shows a declining trend from 2024 to 2028, with values decreasing from 127.0 thousand metric tons in 2024 to 119.0 thousand metric tons in 2028. This represents a year-on-year percentage decrease of approximately 1.57%. The actual demand in 2023 stood at 129.0 thousand metric tons, suggesting an overall downward trajectory. Over the last two years, the trend reveals a steady decline in demand, further emphasized by a five-year compounded annual growth rate (CAGR) of around -1.89%.
Future trends to watch include potential changes in dietary habits, increased competition from alternative starch sources, and any shifts in import policies or economic factors that might impact consumption patterns. Monitoring these elements will be crucial for accurate future demand projections.
