The forecast for the import of simply refined sunflower or safflower oil and fractions to Japan shows a steady increase from 2024 to 2028. Starting from an estimated value of 9.9017 million USD in 2024, it progresses to 10.045 million USD by 2028. This gradual rise indicates a consistent annual growth rate, hypothesized at around 0.36% per year.
In 2023, the import value stood at 9.86 million USD. From this baseline, the year-on-year change averages roughly at 0.345% for the upcoming years. The compound annual growth rate (CAGR) over five years reveals a steady upward trajectory, underlining moderate, consistent demand.
Future trends to watch for include potential fluctuations driven by shifting consumption patterns, changes in agricultural yield, and international trade policies affecting global sourcing dynamics. Monitoring economic conditions and policy changes in major export countries will also be critical.
