The forecast for the import of tyre cord fabric made from high tenacity viscose rayon yarn to Japan shows a steady increase from 2024 through 2028, starting at $13.061 million in 2024 and reaching $14.31 million by 2028. In 2023, the import stood at $12.75 million, indicating a consistent year-on-year growth of approximately 2.5% to 2.7% annually.
Trends to watch for in the future include:
- Technological advancements in tyre manufacturing that may impact material preferences and import needs.
- Shifts in the automotive industry towards more sustainable and eco-friendly materials.
- Changes in international trade policies that could affect import costs and volumes.