Based on the given forecast data, the import of carbon and graphite furnace electrodes to Japan is projected to slightly decrease from 13.611 million kilograms in 2024 to 13.383 million kilograms in 2028. Compared to 2023, where the import was at 13.668 million kilograms, the year-on-year decrease percentages are as follows:
- 2024: -0.42%
- 2025: -0.43%
- 2026: -0.42%
- 2027: -0.42%
- 2028: -0.41%
Over the last five years, the compound annual growth rate (CAGR) is -0.42%, indicating a slight but consistent downward trend.
Future trends to watch for include changes in the global and domestic steel industry demand, innovations in electrode production technology, fluctuations in raw material costs, and any potential environmental regulations impacting production and usage.
