In 2023, the import volume of sewing machines, other than book-sewing and not automatic, to Japan stood at an actual value that sets the baseline for the following forecasted data. From 2024 to 2028, a declining trend is observed, with the import volume decreasing from 315.49 thousand kilograms in 2024 to 150.12 thousand kilograms in 2028.
Key Variations:
- 2024 to 2025: A decrease of 13.5% year-on-year
- 2025 to 2026: A decrease of 15.3% year-on-year
- 2026 to 2027: A decrease of 17.7% year-on-year
- 2027 to 2028: A decrease of 21.1% year-on-year
- The compound annual growth rate over the 5-year period is a negative 17.4%.
Future trends to watch include the impact of automation and advancements in the sewing machinery industry. Factors such as innovation in production technologies, trade policies, or economic fluctuations in Japan and exporting countries may influence future import volumes. Monitoring these elements will be crucial for understanding shifts in import patterns and demand.
