The import of palm kernel and babassu oil to Japan showed a consistent annual decrease between 2024 and 2028. Starting at 75.185 million kilograms in 2024, the imports decreased by approximately 0.03% every year, reaching 75.106 million kilograms by 2028. In 2023, the total import volume stood at 75.204 million kilograms, demonstrating a stable yet declining trend over the forecast period with almost no change in consumption pattern annually.
Future trends to watch for include:
- Sustainability concerns could impact demand, leading to increased imports of sustainably sourced oils.
- Potential shifts in global supply chain dynamics affecting the availability and price of these oils.
- Changes in domestic agricultural policies may alter import reliance.