Japan's cottonseed import volume stood at 97.0 thousand metric tons in 2023, which is also the forecasted volume for 2024 and 2025. From 2026 onwards, the volume shows a slight decline to 96.0 thousand metric tons and then further drops to 95.0 thousand metric tons by 2027 and 2028. This trend indicates a minimal year-on-year decrease of around 1.0% starting in 2026. Over the 5-year period, we observe a negative CAGR, reflecting a gradual yet consistent reduction in import volumes.
Future trends to watch for:
- Potential shifts in domestic cottonseed production capabilities that may influence import dependencies.
- Changes in global cottonseed supply chains or prices that could impact Japan's import volumes.
- Environmental policies or economic factors that may affect both domestic demand and international trade agreements.