Based on the forecast data, Japan's palm kernel oil supply is projected to grow steadily from 2024 to 2028, increasing by 1,000 metric tons annually, culminating in 82.0 thousand metric tons by 2028. This consistent increase manifests a stable year-on-year growth rate of approximately 1.28%. As of 2023, the supply stood at 77.0 thousand metric tons, and over the forecast period, the compound annual growth rate (CAGR) is estimated to be around 1.26%.
Future trends to monitor include potential shifts in palm kernel oil consumption due to changes in dietary preferences and regulatory developments focused on sustainable sourcing and environmental impacts, which could influence Japan's import and supply dynamics.
