In 2023, the demand for palm kernel oil in Japan was recorded at approximately 68 thousand metric tons. From 2024 onwards, the forecasted demand shows a clear downward trend, decreasing gradually from 67 thousand metric tons in 2024 to 61 thousand metric tons in 2028. The reduction from 2024 to 2025 is around 1.5%, with similar declines in subsequent years, reflecting a consistent lowering trend. Over the five-year forecast period, the compound annual growth rate (CAGR) is negative, indicating an average annual decline in demand.

Future trends to watch for:

A shift towards alternative oils or sustainable practices due to environmental concerns.
Policies impacting imports and consumption of palm kernel oil in Japan.
Technological advancements in food and non-food industries that could alter demand dynamics.