The forecast for the import of Coir Yarn to Japan from 2024 to 2028 indicates a steady decline, with imports decreasing from 800.7 thousand kilograms in 2024 to 725.51 thousand kilograms by 2028. There has been a consistent year-on-year reduction observed during this forecast period, highlighting a downward trend. Comparatively, there is no 2023 data available to specify previous levels, but this forecast suggests possible market saturation or decreased demand.
Key future trends to watch for:
- Potential impact of sustainable practices and environmental regulations on coir yarn demand.
- Market innovation or substitutes that could alter demand dynamics.
- Economic shifts in Japan influencing import patterns and consumer preferences.