Forecast: Import of Petroleum Resins, Polyterpenes, Polysulphides to Japan

In 2023, Japan's import of petroleum resins, polyterpenes, and polysulphides stood at 396.83 million USD. Forecasts indicate a continuous increase in import values, with an expected rise to 442.28 million USD by 2028. The year-on-year growth rate from 2024 to 2028 averages around 2.5%-2.7%, with a compound annual growth rate (CAGR) over the five-year period projected at approximately 2.2%.

Future trends to watch for include:

  • Potential fluctuations in global oil prices, impacting raw material costs.
  • Technological advancements in resin production, possibly affecting import volumes.
  • Changes in environmental regulations influencing product specifications and trade dynamics.

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