Forecast: Chestnuts, in shell Gross Production in Japan

In 2023, the gross production value of chestnuts in shell in Japan stood at 24 million US Dollars PPP (2004–2006). Moving into the forecasted period from 2024 to 2028, there is a clear downward trend. The growth rate in 2024 is 0% from the previous year. From 2024 onwards, the year-on-year variations are as follows:

• 2025: -2.88%
• 2026: -2.88%
• 2027: -3.01%
• 2028: -3.01%

Over the forecasted five-year period (2024-2028), the compound annual growth rate (CAGR) is -2.95%.

Future trends to watch for include potential shifts in consumer preferences toward more exotic or nutritious nuts, climate change impacts on production, and advancements in agricultural technologies that may mitigate the declining trend.

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