In 2023, Japan's import of chenille cotton fabric was considerably higher than the forecasted figures for subsequent years. Analyzing the forecast from 2024 to 2028, we see a consistent decrease in imported volume, with each year observing a downward trend. Specifically, the volume is projected to drop by approximately 2% year-on-year, culminating in an anticipated compound annual growth rate (CAGR) of -9.37% over this period.

Key trends to monitor in the coming years include:

Increasing competition from domestic producers potentially reducing import dependency.
Potential policy changes affecting trade tariffs and import regulations.
Technological innovations and fashion trends influencing fabric demand.