Forecast: Import of Palm Nut or Kernel Oil Cake and Other Solid Residues to Japan

The import of Palm Nut or Kernel Oil Cake and Other Solid Residues to Japan is projected to increase steadily from 2024 to 2028. In 2023, these imports stood at an actual volume of 1.256 billion kilograms. From 2024 onwards, the forecast indicates a consistent growth trajectory, with year-on-year growth rates averaging approximately 4.4%. The compound annual growth rate (CAGR) over the five-year forecast period is estimated at about 4.6%. This upward trend reflects Japan's increasing demand for alternative and sustainable feed and industrial materials.

Future trends to watch for include:

  • Fluctuations in global palm oil production and their impact on by-product availability.
  • Potential policy changes in Japan related to environmental sustainability and renewable energy.
  • The role of technological advancements in processing and utilizing palm oil residues efficiently.

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