In 2023, Japan's import of degras and residues from animal and vegetable waxes stood at approximately 3.68 million kilograms. The forecasts from 2024 to 2028 indicate a declining trend in import volumes, with a compound annual growth rate (CAGR) reflecting a negative average annual variation. Year-on-year variations show a continuous decrease, suggesting a steady downward trajectory in Japan's imports of these materials.
Future trends to watch for include:
- Potential shifts in domestic production and consumption patterns impacting import needs.
- Changes in global supply chains or trade policies affecting availability and prices.
- Environmental regulations and sustainability initiatives influencing demand for natural wax alternatives.