In 2023, Japan's import of hot rolled stainless steel not in coils with a width of 600 mm or more and a thickness over 10 mm stood at approximately 9.44 million kilograms. Projections for 2024 to 2028 show a gradual decline, with volumes decreasing from 9.4109 million kilograms in 2024 to 9.2816 million kilograms in 2028. The year-on-year variations indicate a consistent, marginal decrement, averaging a CAGR decline over five years. This suggests a sustained low demand or perhaps increased self-sufficiency in production.
Future trends to watch for:
- Potential shifts in global or regional trade policies impacting import volumes.
- Technological advancements in the production of stainless steel affecting domestic availability.
- Economic factors influencing industrial demand in Japan.
