In 2023, Japan imported approximately 59.5 million kilograms of electric conductors fitted with connectors for a voltage not exceeding 80 volts. Based on forecast data, imports are expected to increase steadily, reaching 64.417 million kilograms by 2028. This represents a Compound Annual Growth Rate (CAGR) of about 1.6% over the five-year period. Year-on-year growth is modest, showing a consistent increase of approximately 1.6% to 1.7% annually from 2024 onwards.
Future trends to watch include technological advancements in electronics, which may drive demand for specific types of conductors, and potential shifts in the global supply chain due to geopolitical changes or trade regulations impacting import volumes.
