As of 2023, Japan's import of fibreboard with a density greater than 0.5 g/cm3 but not exceeding 0.8 g/cm3 stood at 287 million USD. Looking ahead, the forecasted data indicate a consistent year-on-year increase, with values rising from 293.45 million USD in 2024 to 318.37 million USD in 2028. This represents a compounded annual growth rate (CAGR) of approximately 2.05% over the five-year period. The gradual increase suggests steady demand in the Japanese market for this graded fibreboard over the forecasted period.
Future Trends to Watch For:
- Changes in construction and furniture manufacturing demand which could affect import levels.
- Fluctuations in global wood supply that may impact fibreboard prices and imports.
- Technological advancements in fibreboard production leading to new types of imports.
