The forecast for the import of crude sunflower-seed or safflower oil to Japan presents a declining trend from 2024 to 2028. Beginning at 30.047 million USD in 2024, it gradually reduces to 28.436 million USD by 2028. This reflects a consistent decrease and suggests a diminishing demand or adjustment in supply chain strategies by Japan. The imports in 2023 were higher than those forecasted for 2024, indicating a downward trajectory in compound average growth rate.
- 2024: 30.047 million USD
- 2025: 29.632 million USD
- 2026: 29.225 million USD
- 2027: 28.826 million USD
- 2028: 28.436 million USD
The key future trend to watch for is how geopolitical factors, price fluctuations in global oil markets, and Japan's pivot towards alternative oils could further influence these import numbers. Additionally, shifts in consumer preferences towards healthier oils and any policy changes regarding imports may also impact future trajectories.
