Forecast: Rapeseed Import in Japan

The forecast for rapeseed imports in Japan from 2024 to 2028 shows a gradual decrease from 2.02 million metric tons to 1.91 million metric tons. In 2023, the import volume stood at approximately 2.05 million metric tons, indicating a consistent downward trend over the forecast period.

Year-on-year variations in the forecast period show a steady decline, with a slight reduction each year: -1.49% from 2024 to 2025, -1.51% from 2025 to 2026, -1.02% from 2026 to 2027, and -1.55% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is negative, signifying an average annual decrease in imports.

Future trends to watch for include:

  • Changes in domestic production that could influence import needs.
  • Global market conditions and trade agreements that may alter supply chains.
  • Technological advances in agriculture that impact crop yields and dependency on imports.

Top Countries about Rapeseed