In 2023, Japan's imports of glassware, which do not include kitchen, tableware, or lead crystal, stood at 8.31 million kilograms. Over the following five years, a steady decline is forecasted: 2024 (8.07 million kg), 2025 (7.82 million kg), 2026 (7.58 million kg), 2027 (7.34 million kg), and 2028 (7.11 million kg). This reflects a continuous annual decrease, indicating a compound annual growth rate (CAGR) of approximately -3%.
Future trends to watch for:
- Shifts in domestic market preferences towards locally produced glassware.
- Advancements in recycling and sustainable glassmaking that may impact import demand.
- Potential policy changes in foreign trade agreements involving Japan.