In 2023, the import of yarn of acrylic or modacrylic staple fibers mixed mainly or solely with cotton to Japan stood at a certain volume. Forecasted data indicates a consistent decline in imports from 435.81 thousand kilograms in 2024 to 357.08 thousand kilograms by 2028. This signifies a year-on-year decrease averaging between 4.6% to 5.2% over this period. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 reflects a negative trend, highlighting a gradual decrease in demand for this yarn type in the Japanese market.
Future trends to watch for:
- Shifts in consumer preferences towards more sustainable or alternative fibers could further impact import levels.
- Technological advancements in textile production affecting yarn composition and demand.
- Trade policies and agreements which may alter import dynamics and costs.
