In 2023, Japan's fish body oil import volume stood below 19.53 thousand metric tons. The forecast for the coming years suggests a stable increase, with volume expected to reach 19.75 thousand metric tons by 2028. The year-on-year growth from 2024 to 2028 is gradual and consistent. Despite slight incremental changes each year, the compound annual growth rate over this five-year period remains minimal, reflecting a steady but slow scaling in import volume.
Future trends to watch for include:
- Potential shifts in consumer demand for health supplements and fish oil products.
- Changes in global fish oil supply and production, possibly affecting import volume.
- Environmental regulations impacting the fishery sector and its related products.
