In 2023, Japan's soybean oil stock was slightly lower than the forecast for 2024, marking a consistent upward trend. Between 2024 and 2025, stocks are expected to increase by 50%. From 2026 to 2028, the soybean oil stock in Japan is projected to remain stable at 3.0 thousand metric tons, marking no further year-on-year variation. The five-year compounded annual growth rate (CAGR) is 10%, reflecting gradual and steady increases over time.
Future trends to watch for include potential impacts from environmental policies and technological advancements in sustainable agriculture that could influence soybean oil production and stock levels. Market demand shifts and global trade dynamics, especially with major producers, will also play a crucial role.
