The oilseeds residuals in Japan are projected to show a consistently increasing negative trend from 2024 to 2028, escalating from -53,000 metric tons in 2024 to -71,000 metric tons in 2028. In 2023, the actual standing was a less negative position, indicating a deepening deficit over the coming years. Year-on-year, this represents a decline of approximately 9.43% between 2024 and 2025, 6.9% from 2025 to 2026, 8.06% from 2026 to 2027, and a more moderate 5.97% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024-2028 portrays an average annual deterioration, emphasizing the growing challenge the sector faces.
Future trends to watch for include potential policy changes in Japan aimed at reducing imports and increasing domestic production, advancements in agricultural technology that could enhance productivity, and shifts in global trade dynamics that could affect the supply and pricing of oilseeds residuals. Additionally, environmental considerations, such as climate change and sustainability initiatives, could become increasingly influential in shaping the industry's outlook.
