The import of simply refined sunflower or safflower oil to Japan shows a consistent increase from 2024 to 2028, projected from 7.5113 million kilograms to 7.7749 million kilograms. Compared to 2023, when the volume stood at 7.442 million kilograms, the forecast indicates a steady annual growth. The year-on-year percentage variation over the last two years is approximately 0.9%. The compound annual growth rate (CAGR) suggests an average yearly increase of about 0.85% over the forecast period.
Future trends to watch for:
- Global supply chain disruptions affecting oil availability and cost.
- Shifting consumer preferences towards healthier oil options.
- Impact of trade policies on import volumes and tariffs.