Forecast: Import of Polyethylene Terephthalate to Japan

The import of Polyethylene Terephthalate (PET) to Japan is forecasted to show a steady growth from 2024 to 2028. In 2023, the import value stood at 1.382 billion USD. The year-on-year growth rates are: 2.5% in 2024, 2.48% in 2025, 2.36% in 2026, 2.28% in 2027, and 2.17% in 2028. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 2.36%.

Key future trends to watch for include:

  • Shifts in global supply chains affecting PET availability.
  • Efforts towards sustainability and recycling, impacting demand and import volumes.
  • Technological advancements in PET production and recycling.
  • Changes in domestic production capacity affecting import reliance.
  • Economic factors and trade policies influencing import costs and volumes.

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