In 2024, the import value of nuts of iron or steel to Japan is forecasted at $238.9 million, increasing steadily through 2028 to $254.72 million. This forecast exhibits a consistent growth trajectory, with a projected year-on-year percentage variation of approximately 1.71% from 2024 to 2028.
Key future trends to monitor include:
- Potential impact of global supply chain disruptions on import costs.
- Technological advancements affecting supply and demand for specialized steel or iron components.
- Japan’s domestic manufacturing growth that could influence nuts import reliance.