In 2023, the domestic consumption of cottonseed oil in Japan stood at 4.0 thousand metric tons. The forecasted data from 2024 to 2028 indicates a significant decline in consumption. The value remains stable at 3.0 thousand metric tons for 2024 and 2025 but declines to 2.0 thousand metric tons in 2026 and 2027, reaching a low of 1.0 thousand metric tons in 2028. Year-on-year variation for 2024 and 2025 shows no change, however, from 2025 to 2026, there is a 33.3% drop, and the same trend continues from 2026 to 2028. The Compound Annual Growth Rate (CAGR) for the period 2023-2028 is negative, indicating an average annual decrease in consumption.
Future trends to watch for include the potential impact of alternative oils gaining popularity or policy changes affecting cottonseed oil production and import regulations. Additionally, shifts in consumer preferences towards healthier or more environmentally sustainable oil options may further reduce demand.
