The data for Japan's import of hydrogen, rare gases, and non-metals from 2024 to 2028 shows a consistent decline. From 2024’s value of 1.2756 billion USD, the import value decreases gradually to 1.1597 billion USD by 2028. This represents a year-on-year decline, highlighting a decreasing trend in the import market for these resources.
Key observations include:
- From 2024 to 2025, a decline of approximately 2.34% is noted.
- The year 2026 shows a further reduction of about 2.34% from the previous year.
- The trends from 2027 and 2028 continue to reflect a downward movement with similar percentage drops.
- The Compound Annual Growth Rate (CAGR) over the five-year period suggests a consistent average yearly reduction.
Future trends to watch include potential technological advancements in rare gases usage or shifts in global economic conditions affecting Japan’s import needs. Additionally, increased domestic production or strategic partnerships may impact future import values.