The import of cotton waste, excluding garnetted stock, to Japan is projected to see a steady increase from 2024 to 2028. Starting at $19.929 million USD in 2024, imports are expected to grow to $22.034 million USD by 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated around 2.5%, indicating a gradual upward trend. Year-on-year growth is consistent, with a uniform increase in the absolute value of imports each year. The import value in 2023 stood slightly below the forecasted value for 2024, highlighting a continuation of growth.
Future trends to watch for include potential shifts in global cotton waste availability due to environmental regulations and demand changes in textile recycling. Monitoring trade policies and technological advancements in recycling processes may also impact import dynamics significantly.
