Forecast: Import of Cold Rolled Iron or Non-Alloy Steel Not in Coils, of a Width of 600 mm or More, Thickness of 1.0-3 mm and Minimum Yield Point Not Exceeding 275 Mpa to Japan

The import forecast for cold-rolled iron or non-alloy steel not in coils, with specified dimensions and yield point, into Japan shows a downward trend from 2024 to 2028. Starting in 2023, actual imports were valued at a higher level than the forecasted $583.33 thousand in 2024. The year-on-year percentage decrease from 2024 to 2025 is approximately 12.8%, from 2025 to 2026 is about 14.4%, from 2026 to 2027 is roughly 16.5%, and from 2027 to 2028 is estimated at around 19.3%. The five-year compound annual growth rate (CAGR) indicates a negative trend.

Future trends to watch for include potential impacts from technological advancements in steel processing, shifts in global trade policies, and economic developments in Japan and its trade partners. Monitoring changes in industrial demand and environmental regulations will be crucial for understanding the trajectory of imports in this sector.