The import value of not knitted or crocheted men's and boys' suits of wool or fine animal hair to Japan is projected to decrease progressively from 2024 to 2028. In 2023, the import value stood at 1.35 million, marking a significant decline by 2028. The year-on-year variation from 2024 to 2025 is approximately -16.11%, continuing with negative trends through 2028. The five-year CAGR is anticipated to be significantly negative, illustrating a consistent downward trajectory.
Future trends to watch for include potential shifts in consumer preferences towards locally-produced apparel and growing demand for sustainable and ethically sourced clothing materials. Exchange rate fluctuations may also impact future import values.
