The domestic industrial consumption of palm oil in Japan is expected to grow steadily from 2024 to 2028, starting at 112.0 thousand metric tons in 2024 and reaching 117.0 thousand metric tons by 2028. The year-on-year growth is modest, with variations of approximately 0.9% from 2024 to 2025, 1.8% from 2025 to 2026, and about 0.9% annually for the period extending to 2028. In 2023, consumption figures likely aligned close to these forecasts, emphasizing gradual industrial demand growth.

Future trends to watch for include:

Increasing demand in eco-friendly and sustainable palm oil products.
Japan’s regulatory changes impacting palm oil importation and usage.
Technological advancements driving efficiency and potentially altering industrial usage patterns.