In 2023, Japan's domestic food consumption of rapeseed oil stood at approximately 830.0 thousand metric tons, with projections indicating a gradual increase over the subsequent years. From 2024 to 2028, consumption is anticipated to rise from 836.0 to 853.0 thousand metric tons. Year-on-year, the growth rates show modest yet consistent increments: 0.48% from 2024 to 2025, 0.60% from 2025 to 2026, 0.47% from 2026 to 2027, and 0.47% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 0.61%.
Future trends to watch for include:
- Potential impacts of dietary shifts toward healthier fats.
- Economic factors influencing domestic consumption patterns.
- Environmental and policy-driven shifts affecting oil production and sustainability practices.
- Emergence of alternative oils that might alter the consumption landscape.
