Forecast: Import of Sections, I of Iron or Non-Alloy Steel Not Further Worked Than Hot-Rolled, Hot-Drawn or Extruded, of a Height of More Than 80 mm to Japan

The import value of iron or non-alloy steel sections to Japan is forecasted to increase from $13.25 million in 2024 to $15.351 million in 2028. Compared to an estimated value of $12.76 million in 2023, this represents notable growth. Year-on-year percentage changes are consistently positive, reflective of increasing demand, with a compound annual growth rate (CAGR) of 3.7% over the forecast period. The market shows steady growth, indicating strong demand and robust infrastructure expansion in Japan.

Future trends to watch for include:

• Shifts in Japan's construction and infrastructure sectors that could influence demand.
• Global price fluctuations of raw materials impacting import values.
• Potential governmental policies on steel imports and sustainability initiatives.