In 2023, the import value of magnesium waste or scrap to Japan was not explicitly provided, but based on the continuation of forecast data, it can be expected to be lower than the forecasted 2024 figure of 762.37 thousand USD. The import value shows a consistent upward trend from 2024 to 2028, indicating a year-on-year increase in imports by approximately 1.9%-1.7% annually. This positive trajectory implies a 5-year CAGR of around 1.8%, highlighting steady growth in Japan's demand for magnesium waste or scrap over time.

Future trends to watch for:

The global demand for magnesium, driven by its applications in lightweight materials for automotive and aerospace industries, which could influence import volumes.
Trade policies and international relations, as they might affect supply chain dynamics and import costs.
Technological advancements in recycling processes that could impact domestic supply and reduce dependency on imports.