In 2023, Japan imported bleached kraft paper and paperboard weighing 150 g/m2 or less valued at $1.547 million. The forecast from 2024 to 2028 indicates a slight, consistent decrease in imports, decreasing year-on-year by approximately 0.7% to 0.8%. This results in a compound annual growth rate (CAGR) of -0.7% over the five-year period.
Future trends to watch for:
- Potential shifts in demand for sustainable packaging materials may influence import volumes.
- Global supply chain dynamics and trade agreements could impact import costs and availability.
- Technological advancements improving domestic production efficiency might reduce import reliance.