The forecasted data indicates a steady increase in palm kernel oil imports in Japan, from 78.0 thousand metric tons in 2024 to 82.0 thousand metric tons in 2028. To compare, in 2023, the imports were lower, establishing a growth trajectory into 2024. The year-on-year growth remains consistent, at approximately 1.3% from 2024 to 2025, and this continues through the subsequent years with similar rates. Over a five-year period from 2023 to 2028, the compound annual growth rate (CAGR) suggests a modest yet stable growth trend in palm kernel oil imports.
Looking ahead, potential factors to watch include global trade policies affecting import tariffs, sustainability trends influencing demand, and developments in palm kernel oil production technologies that could impact the supply chain. Monitoring these elements could provide a clearer picture of the future import landscape in Japan.
