The import of woven carpets and floor coverings to Japan in 2023 stood at 149.7 million USD. The forecasted data for the subsequent years reveals a slight year-on-year decline in import values, with 2024 at 148.54 million USD, 2025 at 147.34 million USD, continuing to decrease to 143.9 million USD by 2028.
Year-on-year variations indicate:
- 2024: -0.78%
- 2025: -0.81%
- 2026: -0.8%
- 2027: -0.79%
- 2028: -0.77%
The Compound Annual Growth Rate (CAGR) over these five years is approximately -0.78%, reflecting a consistent trend of minor annual decline.
Future trends to watch for include shifts in consumer preferences towards sustainable and eco-friendly materials, potential trade policy changes, and economic factors such as currency fluctuations and inflation that may impact import dynamics.
