The import of articles of furskin except clothing and accessories to Japan shows a declining trend from 2024 to 2028. Starting at 9.6262 million USD in 2024 and forecasted to decrease to 8.1106 million USD by 2028, this represents a total decline of 15.75% across these years. Year-on-year, this shows a continued decrease, with 4.06% from 2024 to 2025, 4.15% from 2025 to 2026, 4.24% from 2026 to 2027, and 4.33% from 2027 to 2028.
In 2023, the import value stood at 10 million USD, showing consistent decline into the forecast period. The 5-year CAGR (Compound Annual Growth Rate) is approximately -4.3%, indicating a steady yearly decline in imports.
Future trends to watch for include shifting consumer preferences towards sustainable and ethical fashion, as well as potential regulatory changes impacting furskin imports. Additionally, technological advances may offer synthetic alternatives, impacting demand for traditional furskin products.
