The import volume of cortisone, hydrocortisone, prednisone, and prednisolone to Japan in 2023 stood at 15.65 thousand kilograms. Forecasted data suggests a consistent annual growth from 2024 to 2028, starting at 16.0 thousand kilograms in 2024 and reaching 17.42 thousand kilograms by 2028. This indicates a steady year-on-year growth averaging around 2.13%. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.17%, reflecting moderate and consistent expansion in import volume.
Future Trends to Watch:
- An increasing demand for corticosteroids due to an aging population and rising prevalence of inflammatory diseases could drive further import growth.
- Watch for potential regulatory changes impacting import practices or introduction of alternative treatments that might influence these trends.
- Monitoring global supply chain dynamics and pricing fluctuations is crucial for understanding long-term trends.