The data provided forecasts the import of natural gas in gaseous state to Japan from 2024 to 2028. The values are expressed in thousand US dollars. In 2023, the actual import value is not specified, so the baseline for calculating year-on-year variations and trends will begin in 2024. Year-on-year, the import value is expected to decrease slightly over the forecasted period:
• 2024 to 2025: -1.66%
• 2025 to 2026: -1.69%
• 2026 to 2027: -1.63%
• 2027 to 2028: -1.66%
The Compound Annual Growth Rate (CAGR) over the 5-year period from 2024 to 2028 shows a consistent annual decrease in import value.
Future trends to watch for include Japan's shifting energy policies, potential investments in renewable energy sources, and global natural gas market fluctuations, which could further influence import values. Additionally, technological advancements in energy efficiency and alternative energy solutions could impact the magnitude of natural gas imports.
