The forecast for the import of not carded or combed staple fibers of viscose rayon to Japan shows a progressive annual increase from 13.444 million kilograms in 2024 to 14.223 million kilograms in 2028. Compared to 2023, where the imports were 13.250 million kilograms, there is a steady upward trend observed. The year-on-year growth rates are approximately 1.5% in the initial years, expanding slightly to around 1.6% towards 2028, with a five-year Compound Annual Growth Rate (CAGR) standing at approximately 1.4%.
Future trends to watch for include:
- Potential changes in global supply chain dynamics that may affect the pricing and availability of raw materials.
- Shifts in consumer demand, potentially driven by increased focus on sustainability and eco-friendly materials.
- Technological advancements in textile manufacturing that could affect the import volume needs.
- Trade policies and agreements that could impact import tariffs or quotas, influencing market access and competition.