The import of marine outboard spark-ignition motors to Japan in 2023 was reportedly higher than the forecast trend from 2024 to 2028, which shows a gradual decrease in volume from 159.74 to 159.35 thousand kilograms.
The year-on-year percentage changes reflect a minimal decline each year, showcasing a stable but slight downward trend. This slow decline highlights a negative compounded annual growth rate (CAGR) over the five-year forecast period, indicating a shrinking market for these motors in terms of import volume.
Future trends to watch for include technological advancements and shifts in environmental and regulatory policies that may impact both consumer preferences and the import market for marine engines. Stakeholders should also monitor global supply chain dynamics and potential disruptions that could affect import volumes further.
