In 2023, Japan imported 575.30 million kilograms of zinc ores and concentrates. Forecasts indicate a declining trend in imports over the next five years. From 2024 to 2025, a year-on-year decrease of 5.18% is expected, followed by further reductions: 5.34% (2025-2026), 5.54% (2026-2027), and 5.74% (2027-2028). The compound annual growth rate (CAGR) for 2024-2028 reflects an average annual decline of approximately 5.09%.
Future trends to watch for include:
- Global zinc market dynamics, including price fluctuations and demand shifts.
- Japan's industrial consumption needs and potential shifts toward domestic resources.
- Environmental regulations impacting zinc production and importation.
- Technological advancements in zinc mining and processing.