The import of ash or residues containing mainly aluminum to Japan has been forecasted to show a steady increase from 2024 to 2028. In 2023, the import volume stood at 55.75 million kilograms, indicating a continual upward trend with a year-on-year growth starting from 57.418 million kilograms in 2024. The projected compound annual growth rate (CAGR) over the forecast period of 2024 to 2028 is approximately 3.81%, illustrating a moderate yet consistent increase in import volumes.
Future trends to watch:
- Potential shifts in global aluminum demand and supply dynamics.
- Changes in international trade policies impacting import costs.
- Technological advancements in recycling and alternative materials.
- Economic developments in Japan influencing industrial needs for aluminum by-products.