The forecast for the import of dies for drawing or extruding metal to Japan indicates a steady increase from 2024 to 2028, with figures progressing from $37.032 million to $39.64 million. This reflects a year-on-year growth rate of approximately 1.72% from 2024 to 2025, 1.75% from 2025 to 2026, 1.69% from 2026 to 2027, and 1.62% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years stands at around 1.7%.
In 2023, Japan’s import value for these dies was less than the 2024 forecast, denoting an expanding trend. Future factors to watch include:
- Technological advancements in metal extrusion that may alter demand.
- Changes in Japanese manufacturing activity.
- Potential impact of global trade policies and tariffs.
