From 2024 to 2028, Japan's import of raw furskin pieces is forecasted to decline, starting at 57.7 thousand US dollars and decreasing steadily each year to 43.29 thousand US dollars. In 2023, imports stood higher, reflecting a continued downward trajectory in the forecast period. The year-on-year decline reflects a consistent negative trend starting in 2024. The average annual reduction over five years highlights a significant contraction in this market sector.
Future trends to watch for:
- Growing ethical and environmental concerns may further depress demand.
- Trade regulations and shifts in global fur markets could accelerate the decline.
- Potential shifts towards alternative materials might influence import needs.