The forecast for the import of pigments based on zinc sulphide and lithopone to Japan shows a noticeable declining trend from 2024 through 2028, with volumes decreasing from 378.8 thousand kilograms in 2024 to 359.65 thousand kilograms in 2028. This represents a year-on-year decline, indicating a consistent reduction in demand or a shift in sourcing strategy. The compound annual growth rate (CAGR) over these forecast years suggests a steady average annual decrease in imports.
Future trends to watch for include:
- The impact of environmental regulations on zinc sulphide production and imports.
- Technological advancements in alternative pigments that could substitute zinc sulphide-based products.
- Economic factors influencing industrial demand in Japan, such as changes in manufacturing or construction sectors.
- Global supply chain dynamics that could alter import trends.