In 2023, Japan's imports of Sunflower Seed Oilcake and Other Solid Residues stood at approximately 8.02 thousand US dollars. The forecast from 2024 through 2028 shows a slight upward trend with a consistent annual increase in imports, reaching 8.74 thousand US dollars by 2028. Year-on-year growth rates are projected to be modest, with annual increases averaging around 1.7% over the forthcoming years. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.7%, indicating a stable but small growth trajectory for the import market.
Future trends to watch for include factors that might affect agricultural trade policies or global economic conditions, such as changes in tariffs, shifts in global supply chain dynamics, or currency fluctuations, which could impact the import levels and future growth of sunflower seed oilcake and other solid residues in Japan.
