The import of sulphuric acid and oleum to Japan from 2018 to 2022 showed a substantial decline, dropping from 245.07 thousand kilograms in 2018 to 10.32 thousand kilograms in 2022. The percentages of year-on-year reduction from 2018 to 2022 were notably steep, indicating a sharp decrease in imports.
The compound annual growth rate (CAGR) from 2018 to 2022 was negative, reinforcing the sustained reduction trend. As of 2023, imports seem to have continued at extremely low levels, potentially reflecting a shift in domestic production or changes in industrial demand.
Future trends to watch for include:
- Changes in domestic production capacities that could affect import needs.
- Industrial demand fluctuations, especially in sectors utilizing sulphuric acid.
- Trade policy changes which could impact import activities.
