Forecast: Import of Manganese Oxides to Japan

The import of manganese oxides to Japan was valued at 4.2 million USD in 2023. From 2023 to 2024, the import value is expected to see a decline with the value forecasted at 3.3311 million USD in 2024, decreasing further each year to 0.83555 million USD by 2028. The year-on-year variations indicate declines of -19.5% from 2023 to 2024, -19.3% from 2024 to 2025, -23.4% from 2025 to 2026, -30.0% from 2026 to 2027, and -42.0% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year forecasted period is -27.2%, signaling a significant downturn.

Future trends to watch for include shifts in global manganese oxide production and demand, potential changes in trade policies between Japan and key manganese oxide exporters, and advancements in alternative materials that could impact demand. Economic factors and technological innovations in key industries using manganese oxides, like battery manufacturing, will be critical in shaping future import trends.

Top Countries about Manganese