Forecast: Import of Iodine to Japan

The forecast for iodine imports to Japan between 2024 and 2028 reveals a consistent decline in volume. Starting at 69.84 thousand kilograms in 2024, imports decrease by roughly 18% each subsequent year, dropping to 19.07 thousand kilograms by 2028. In contrast, 2023's imports registered at 82.5 thousand kilograms, marking a significant drop in the following years. The compound annual growth rate illustrates a decreasing average of around 25% per year from 2024 to 2028.

Future trends to monitor include:

  • Potential changes in domestic production capacity that may impact import demand.
  • Technological advancements in iodine extraction or substitution that may alter supply needs.
  • Geopolitical influences affecting trade policies and import tariffs.

Top Countries about Iodine