As of 2023, Japan's domestic consumption of rapeseed stood at approximately 2.05 million metric tons. The forecast from 2024 to 2028 suggests a gradual decline in consumption, with values decreasing from 2.02 million metric tons in 2024 to 1.93 million metric tons by 2028. The year-on-year variation shows a consistent decline, indicative of a broader trend. The compound annual growth rate (CAGR) reflects this average downward trend over five years.
Future trends to watch for include potential shifts in dietary preferences towards healthier oils, changes in domestic agriculture policies, or trade agreements affecting availability and price. Additionally, any technological innovations in oil extraction could also influence consumption patterns.
- 2024: 2.02 million metric tons
- 2025: 2.0 million metric tons
- 2026: 1.98 million metric tons
- 2027: 1.95 million metric tons
- 2028: 1.93 million metric tons