Forecast: Import of Degras, Residues From Treatment Animal and Vegetable Waxes to Japan

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.

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