Forecast: Fish Body Oil Export Volume in Japan

The fish body oil export volume from Japan is forecasted to grow gradually from 5.34 thousand metric tons in 2024 to 5.46 thousand metric tons in 2028. As of 2023, the volume stood at 5.31 thousand metric tons, indicating consistent growth over the forecasted period. The year-on-year increase shows a steady upward trend of approximately 0.56% annually. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be about 0.56%, illustrating a slow but stable increase.

Future Trends to Watch:

  • Global demand for omega-3 supplements, which could drive demand for fish body oil.
  • Technological advancements in production and processing that may impact export volumes.
  • Environmental regulations and sustainability concerns affecting the fisheries industry.
  • Potential shifts in trade policies impacting Japan's export strategies.

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