In 2023, the import value of fish oils to Japan stood at 49.8 million USD. The forecasted data from 2024 to 2028 shows a gradual increase, with an annual growth trend ranging from 1.67% to 1.53% year-on-year from 2024 onwards. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 1.56%.
Future trends to watch for:
- Increasing consumer demand for health and wellness products, potentially boosting fish oil imports.
- Regulatory changes in Japan affecting imports or health supplements.
- Fluctuations in global fish oil supply impacting import prices and availability.