In 2023, the import of backed foil of refined copper to Japan stood at 64.245 million USD. Forecasts indicate a slight decreasing trend from 2024 to 2028, with a gradual decline in value to 63.939 million USD. The year-on-year variation shows a consistent decrease, albeit very minor, as each year marks just a few decimal points reduction.
For the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reveals a negligible downward trend, denoting stability in the import value with minimal variation.
Future trends to monitor include:
- The impact of global copper prices on import values.
- Japan's domestic demand and production of electronics, a key industry for copper foil usage.
- Potential trade policy changes or agreements affecting copper imports.
