By 2023, Japan had steadily imported sheet or film non-cellular and not reinforced of amino-resins. In 2024, the forecasted value stands at 62.44 thousand USD, marking the beginning of a declining trend. The import value is expected to shrink significantly, decreasing by 24.3% in 2025, 31.5% in 2026, 45.1% in 2027, and a drastic fall of 80.6% by 2028. This sharp downward trajectory results in a compound annual growth rate (CAGR) of -37.7% over the five-year forecast period.
Future trends to watch for:
- The potential substitution with alternative materials in production that may cause a further decline in imports.
- Changes in environmental regulations that could impact the import of amino-resin products.
- Tech advancements within local industries that might lessen import reliance.
- Shifts in international trade policies influencing global supply chains.
