In 2023, the import volume of rapeseed and mustard oil in Japan was approximately 20.0 thousand metric tons. Forecasted data indicates stability from 2024 to 2026 at 21.0 thousand metric tons. A slight increase to 22.0 thousand metric tons is expected in 2027 and 2028. Year-on-year, this represents a stable period followed by an approximate 4.8% increase from 2026 to 2027. The compound annual growth rate (CAGR) over five years suggests a modest growth trajectory.
Future trends to watch for:
- Fluctuations in global crop yield and pricing could impact import volume.
- Changes in consumer preferences towards healthier oils might influence demand.
- Japan's trade policies and partnerships could further affect imports.
