In 2023, Japan's vegetable oils import volume was estimated at 1.30 million metric tons. The forecast from 2024 to 2028 suggests a steady growth, starting from 1.32 million metric tons in 2024 to 1.37 million metric tons in 2028. The year-on-year growth rates indicate consistent expansion, averaging a compound annual growth rate (CAGR) of slightly below 1% over this period.

Future trends to watch for include:

Changing dietary preferences that may influence vegetable oil demand.
Global trade policies affecting import volumes and prices.
Potential sustainability and environmental concerns impacting production and consumption patterns.