Soybean oil production in Japan was 496.0 thousand metric tons in 2023. The forecast indicates steady growth from 503.0 thousand metric tons in 2024 to 526.0 thousand metric tons by 2028. Year-on-year variations are positive, with an increase of approximately 1.2% each year from 2024 to 2025, 2025 to 2026, and continuing in this upward trajectory. Over the last two years, this trend shows a consistent annual rise, and the compound annual growth rate (CAGR) for the last five years stands at 1.2%.
Future trends to watch for include changes in domestic consumption patterns, global soybean oil prices, and potential advancements in agricultural technology. Monitoring these factors will be essential to understand their impacts on the production outlook.
