In 2023, Japan's imports of supported catalysts with nickel or nickel compounds as the active substance stood at a value prior to any forecasted data. The forecast suggests a gradual decline in import values from 2024 to 2028, starting at 42.448 million USD in 2024 and decreasing to 41.005 million USD by 2028. This represents a negative trend, with an annual decrease in import value.

Future trends to watch for:

Potential shifts in demand due to technological advancements or environmental regulations may impact import levels.
Global nickel prices and availability could influence the cost and demand for nickel-based catalysts.
Japan’s industrial policy changes, particularly in clean energy and automotive sectors, which heavily use catalysts, might affect import volumes.