In 2023, Japan's import of organic chemicals was valued at approximately 17.4 billion US dollars. The forecast for 2024 indicates an increase to 17.61 billion USD. Over the subsequent years, imports are expected to gradually rise, reaching approximately 18.459 billion USD by 2028. Year-on-year variations show steady growth, with notable increases such as a 1.26% rise from 2024 to 2025. The compound annual growth rate for the five-year period beginning in 2024 is projected at around 1.12%.
Future trends to watch for include shifts in Japan's industrial demand for organic chemicals, potential trade policy changes, and the impact of global market dynamics on import prices and volume. Furthermore, the push towards sustainability and green chemistry may influence the composition and volume of organic chemical imports.
