In 2023, Japan's import of worked granite stood at an undisclosed figure. However, forecasted values indicate a downward trend starting from 2024, with imports decreasing from 528.79 million kilograms to 472.12 million kilograms by 2028. This represents a steady decline, suggesting a possible reduction in demand or increased domestic production.
Year-on-year analysis reveals a consistent decrease in import volume: from 2024 to 2025 by approximately 2.76%, from 2025 to 2026 by about 2.79%, from 2026 to 2027 by around 2.80%, and from 2027 to 2028 by approximately 2.83%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 further underscores the declining trend, hinting towards reduced reliance on granite imports.
Future trends to watch for:
- Shifts in domestic production capabilities.
- Changes in construction industry demands or regulations favoring alternative materials.
- Impact of global economic factors on import costs and availability.
- Advancements in technology that might influence import efficiency or cost-effectiveness.
