In 2023, Japan imported approximately 165.2 million kilograms of polyesters. The forecast indicates a steady annual growth in polyester imports through 2028. The import value is expected to grow as follows: 3.14% from 2024 to 2025, 3.20% from 2025 to 2026, 3.04% from 2026 to 2027, and 2.89% from 2027 to 2028. The compound annual growth rate (CAGR) for 2024-2028 is anticipated to be around 3.06%.
Key future trends to watch for include:
- Advancements in sustainable polyester production methods.
- Impact of trade agreements on polyester import tariffs.
- Fluctuations in demand from major end-use industries such as textiles and automotive.