The import value of Sorbitol, except D-Glucitol, to Japan is predicted to decline steadily from 2024 through 2028. In 2023, the import value was approximately 1.68 million USD. The forecast shows a consistent decrease, reaching an estimated 1.43 million USD by 2028. This indicates a contraction of the market over the five-year period.
Notable trends to watch for include:
- The year-on-year decline varies, showing an approximate drop of around 53 thousand USD annually.
- Average annual contraction (CAGR) is slow but persistent, reflecting a decrease in demand or possible shifts in supply chain dynamics.
- Potential influences from regional trade agreements, price competition, or changes in related industries could further affect these import trends.