The forecast for the import of melamine resins to Japan suggests a steady increase from 2.691 million kilograms in 2024 to 2.8147 million kilograms by 2028. In 2023, the import value stood at 2.66 million kilograms. The year-on-year variation shows incremental growth, with percentage increases approximately in the range of 1-2%. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is expected to be around 1.2%.
Future trends to watch for include:
- Potential disruptions in global supply chains that could affect import volumes.
- Changes in Japanese domestic production capacity and technological advancements.
- Fluctuations in demand from key industries such as construction and automotive.
- Impact of trade policies and international relations on import dynamics.
- Sustainability initiatives and environmental regulations influencing market needs.