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Japan Oil Extraction Industry Outlook 01/2022

See how Japan Oil Extraction performed compared to key markets.

Key Market Indicators

Japan's demand for crude oil is expected to reach 11.9 million metric tons in 2022, up 5.5% from the previous year. This is 3.7% lower than the peak reached in 2007. Japan's production of crude oil is projected to fall 6.2% on an annual basis by 2026, to 98,000 tonnes of oil equivalent. This is 5.8% lower than in 1976, when the country was overtaken by Kyrgyzstan to become the 70th-largest producer in the world. Saudi Arabia, the United States, and Iraq came in second, third, and fourth respectively.

Japan Oil Extraction Market Data and Forecasts

How much will Japan Oil Extraction Market grow?

Forecast: Crude Oil Production in Japan
Forecast: Total Crude Oil Production in Japan
Forecast: Ricebran Oil Production in Japan
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