The import of nuts made of iron or steel to Japan is forecasted to demonstrate a consistent upward trend from 2024 to 2028, showcasing moderate growth each year. Starting from a base of 41.806 million kilograms in 2024, this reflects a steady rise in import volume to 44.007 million kilograms by 2028. The year-on-year growth remains stable with incrementally small increases, showcasing the resilience and consistent demand for steel and iron nuts in the Japanese market.
Future trends to watch for:
- Potential shifts in domestic manufacturing that could impact import dependence.
- Global supply chain efficiency and its impact on import costs and timelines.
- Technological advancements influencing the need for steel and iron nuts.
- Economic factors such as currency fluctuations and trade policies affecting the cost and volume of imports.