The forecast data for the import of crude sunflower-seed or safflower oil to Japan suggests a steady increase from 26.25 million kilograms in 2024 to 26.398 million kilograms in 2028. In 2023, the value stood at slightly below 26.25 million kilograms. Year-on-year variations from 2024 to 2028 show a modest increase between 0.14% and 0.22%. The compound annual growth rate (CAGR) from 2024 to 2028 is minimal, indicating stable demand and import levels over this period with a consistent growth trend.
Future trends to watch for:
- The potential impact of global agricultural policies on sunflower seed and safflower oil supply.
- Changes in consumer health preferences which could influence the demand for plant-based oils.
- Technological advancements in production and transportation affecting oil import dynamics.
- Economic factors such as currency fluctuations and international trade agreements impacting import costs.
