From 2024 to 2028, the production volumes of fabricated metal products in Japan are forecasted to show a continuous, albeit slight decline. Here are the values and year-on-year percentage variations:
- 2024: 12.224 Trillion JPY
- 2025: 12.192 Trillion JPY (-0.26%)
- 2026: 12.16 Trillion JPY (-0.26%)
- 2027: 12.13 Trillion JPY (-0.25%)
- 2028: 12.099 Trillion JPY (-0.25%)
Compound Annual Growth Rate (CAGR) over the five years (2024-2028) is approximately -0.26%, indicating a gradual downward trend in this sector.
Future Trends to Watch: Factors such as technological advancements, shifts in global supply chains, and changes in domestic demand should be closely monitored. These could potentially impact production volumes and alter the current declining trend.
