The forecast for the palm oil market volume in Japan from 2024 to 2028 shows a gradual increase from 116,000 metric tons in 2024 to 118,000 metric tons by 2028. The palm oil market size in Japan in 2023 was 115,000 metric tons. Year-on-year, this reflects a modest growth of 0.86% from 2024 to 2027 with a steady market thereafter. Over a five-year period, the compound annual growth rate (CAGR) is approximately 0.65%, indicating a stable yet slow rise in demand.

Future trends to watch for in Japan's palm oil market include:

Increasing consumer awareness and demand for sustainable palm oil.
Potential regulatory changes impacting imports and sustainability certifications.
Shifts in consumer preferences towards palm oil alternatives due to health and environmental concerns.