In 2023, Japan's import volume of sunflower seed oilcake and other solid residues was recorded at an unknown amount. From the forecasted data, imports are expected to rise steadily from 27.67 thousand kilograms in 2024 to 30.38 thousand kilograms by 2028. The year-on-year growth indicates an upward trend with a gradual increase in import volumes, implying a growing demand or dependency on these imports over this period. While the compound annual growth rate (CAGR) provides a consistent measure of the average annual growth rate over the five-year forecast period.
Future trends to watch include potential shifts in global supply and demand dynamics, pricing volatility, and the exploration of alternative sources. Market participants should also monitor geopolitical developments and trade policy changes that could impact the availability and cost of sunflower seed oilcake and related residues.
