In 2023, Japan imported approximately 9.23 million kilograms of crude emery and natural abrasives in irregular pieces. The forecast from 2024 to 2028 indicates a slight decline in import volume annually, from 9.2044 million kilograms in 2024 to 9.0939 million kilograms by 2028. Year-on-year, there is a consistent decrease of about 0.31% on average. Across the forecast period, the compound annual growth rate (CAGR) reflects a modest decline, averaging around 0.24% per year.
Future trends to watch for include:
- Potential shifts in Japan's manufacturing sector that could affect demand for abrasives.
- Technological advancements in alternative materials may replace traditional abrasives.
- International trade policies and agreements that might impact import volumes.