In 2023, the import volume of sesame oil or fractions to Japan was reported at 3.015 million kilograms. Forecasts indicate steady growth from 2024 to 2028, with an annual increase ranging between 1.44% and 1.78%. The compound annual growth rate (CAGR) for the five-year period is anticipated to average around 1.65%.
Future trends to watch for include:
- The potential impact of global agricultural conditions on sesame production and prices.
- Shifts in consumer preferences towards health-beneficial oils, which may affect import demands.
- Trade policy changes between Japan and major sesame oil exporting countries.