The import of baths of iron or steel to Japan is projected to rise steadily from 85.0 thousand kilograms in 2024 to 94.01 thousand kilograms in 2028. This represents an approximate year-on-year growth, indicating a consistent increase in demand. In 2023, the import volume stood lower, suggesting a positive growth trend entering the forecast period.

Over the last two years, the compounding annual growth rate (CAGR) illustrates a stable increase, reflecting an expanding market for these products.

Future trends to watch for include:

Potential increases in construction and renovation activities in Japan, influencing demand.
Shifts in consumer preferences towards materials that aren't cast iron, impacting import volumes.
Changes in international trade policies affecting steel imports.