The import of looped pile knit or crochet fabric of manmade fibers to Japan is forecasted to decrease annually from 2024 to 2028. In 2023, imports were valued at $1.1548 million. The data shows a consistent decline each year, with notable annual decreases of approximately 9.0% from 2024 to 2025, 9.8% from 2025 to 2026, and 10.6% from 2026 to 2027. The compound annual growth rate (CAGR) over this five-year forecast period is -10.2%.
Future trends to watch for include:
- Potential shifts in Japan's domestic manufacturing capabilities affecting imports.
- Changes in trade policies or agreements influencing import volumes and values.
- Emerging market players and innovations in synthetic textile production.