Forecast: Import of Refined Olive Oil and Fractions to Japan

In 2023, Japan's import of refined olive oil and fractions stood at 15.520 million kilograms. The forecasted data from 2024 to 2028 indicate a gradual increase in import volumes, reaching 16.286 million kilograms by 2028. The year-on-year growth from 2024 to 2025 is projected at 1.0%, with a consistent upward trend, culminating in an average annual growth rate of approximately 1.0% over the five-year forecast period.

Future trends to watch for include:

  • Shifts in consumer preferences toward healthier oils, which could further boost demand.
  • Potential impacts of trade agreements or tariffs on import volumes.
  • Exchange rate fluctuations affecting import costs.
  • Adoption of sustainability practices in the olive oil production could impact import sourcing.

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