The import of marine outboard spark-ignition motors to Japan is forecasted to decline from 2024 through 2028, with values dropping from 1.24 in 2024 to 0.97316 in 2028. Compared to 2023, when the value stood at approximately 1.3, this represents a noticeable downward trend.
Year-on-year, the import value decreases are as follows: -5.6% in 2025, -6% in 2026, -5.45% in 2027, and -6.43% in 2028, indicating a consistent decline. Over the five-year period, this translates to a compound annual growth rate (CAGR) of -5.55%.
Future trends to watch for include potential impacts of technological advancements and sustainability trends in marine motors, as well as changes in regulatory environments that may affect Japan’s imports. Moreover, exchange rate fluctuations and trade policies will also play significant roles in shaping these trends.
