Forecast: Total Support on Natural Gas for All Beneficiaries or Sectors in Japan

In 2023, total support on natural gas in Japan was valued at approximately 1.07 billion USD, with forecasts indicating a steady annual increase: 1.08 billion USD in 2024, rising to 1.11 billion USD by 2028. The year-on-year growth is modest, with a consistent 0.93% rise observed each year from 2024 to 2028. Over the five-year period, the compound annual growth rate (CAGR) remains around 1.16%, which signifies stable investment in natural gas support across all beneficiaries or sectors.

Future trends to watch for:

  • Potential shifts in energy policy influencing natural gas investments.
  • Developments in renewable energy technologies and their impact on natural gas support.
  • Fluctuations in global natural gas prices affecting budget allocations.

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