In 2023, the production of non-ferrous metals in Japan stood at 9.72 trillion Japanese Yens. Forecasted values for 2024 to 2028 show a steady increase from 9.8127 trillion Yens in 2024 to 10.186 trillion Yens by 2028. Year-on-year variations are positive, indicating an average annual growth of approximately 0.93% from 2024 to 2025, 0.95% from 2025 to 2026, 0.93% from 2026 to 2027, and 0.89% from 2027 to 2028. Overall, the compound annual growth rate (CAGR) over the five-year forecast period is about 0.95%, reflecting a consistent upward trend in production volume.
Future trends to watch for include advancements in recycling technologies, which can impact supply and demand dynamics, and global shifts towards sustainable and low-carbon industrial practices, potentially influencing production rates and market demand for non-ferrous metals. Monitoring government policies on environmental regulations and international trade agreements will also be critical for anticipating market fluctuations and ensuring strategic alignment.
