In 2023, the import of ingot moulds and ladles used in metallurgy foundries to Japan was recorded at 2.0551 million kilograms. The forecast from 2024 indicates a steady decline, with the import volume projected to decrease to 1.8781 million kilograms by 2028. This represents a consistent year-on-year decrease of approximately 2-3%. Over the five-year forecast period, the compound annual growth rate (CAGR) is negative, highlighting a downward trend in volume imports.
Looking ahead, key trends to monitor include technological advancements in domestic production capabilities, shifts in global raw material supply chains, and any policy changes affecting import regulations that could impact future import volumes to Japan.
