In 2023, Japan's import of Palm Kernel and Babassu Oil, Fractions Simply Refined stood at approximately 66.972 million US dollars. From 2024, forecasts indicate a gradual decline, with values decreasing from 65.587 million US dollars in 2024 to 60.428 million US dollars by 2028. The year-on-year decrease shows a consistent downward trend, with notable percentage declines annually. Over the last five years, this amounts to a compound annual growth rate (CAGR) indicating a slight contraction in the market.

Future trends to watch for:

Potential shifts in global demand and supply patterns, affecting pricing and availability.
Sustainability concerns influencing production and importation practices.
Implications of trade policies impacting Japan's import landscape.