The import of rubber waste, parings, and scrap to Japan, projected from 2024 onwards, displays a steady increase over the forecasted period until 2028. In 2023, the imports were recorded at a baseline value, and the projections indicate a consistent year-on-year increase starting from 2024 at 14.933 million USD. By 2028, imports are expected to reach 15.619 million USD. The compound annual growth rate (CAGR) over the five-year period suggests a modest, yet sustained growth trend, reflecting Japan's likely continued need for these materials.
Future trends to watch for include:
- Potential changes in global rubber waste supply chains due to shifts in environmental policies.
- The impact of technological advancements in rubber recycling within Japan.
- Fluctuations in international trade relations that could affect import costs and volumes.