The import value of coconut or copra oilcake and other solid residues to Japan is projected to decrease steadily from 2024 to 2028. In 2023, the import value was higher compared to the projected 2024 value. Over the period from 2024 to 2028, there is a notable year-on-year decline in import values, with a 5-year compounded annual growth rate (CAGR) indicating a consistent downward trend.

Future trends to watch for:

Potential policy changes impacting import tariffs or trade agreements in the coconut sector.
Shifts in global supply chains and production levels in major exporting countries.
Demand fluctuations within Japan's industrial and consumer sectors for coconut byproducts.