The import of animal carving material to Japan is forecasted to decrease gradually from 2024 to 2028, moving from 387.76 thousand kilograms in 2024 to 376.93 thousand kilograms in 2028. This decline indicates a consistent year-on-year negative growth rate of approximately 0.7%. As of 2023, the volume stood higher, aligning with this downward trend over the forecasted period. The 5-year compound annual growth rate (CAGR) reflects a modest decrease, illustrating a steady decline in demand or availability.
Future trends to watch for include shifts in consumer preferences towards synthetic or alternative materials, potential regulations affecting importation, and global supply chain disruptions that may influence availability and cost. Environmental concerns and animal protection policies could also play a significant role in shaping the import patterns.
