The forecast for the import of braids in the piece to Japan shows a steadily increasing trend. In 2023, imports stood at 620.9 thousand kilograms. In 2024, a forecasted increase of 3.65% is expected, reaching 643.6 thousand kilograms. Year-on-year growth follows with 3.68% in 2025, 3.47% in 2026, 3.28% in 2027, and 3.12% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.44%.
Future trends to watch:
- Stay alert to changes in fashion and textile industry demand which could affect import volumes.
- Monitor trade policies and international agreements affecting Japan's import capabilities and costs.
- Keep an eye on technological advancements in materials that may impact the demand for traditional braids.
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