In 2023, the import volume of circular knitting machines with a cylinder diameter not exceeding 165 mm to Japan stood higher than its forecasted trend of decline in subsequent years. From 2024 to 2028, the imports are expected to continuously decrease, from 54.51 to 38.13 thousand kilograms, highlighting a significant year-on-year reduction. The year-on-year decrease averages about 7% over the last two years, with a five-year compound annual growth rate (CAGR) reflecting a downturn.

Key trends to watch for include:

Potential shifts in Japan's textile manufacturing priorities that might further affect import needs.
Technological advancements possibly offering alternatives to these machines or modifications that could reverse or accelerate the decline.
Trade policy changes or economic conditions that could impact importation dynamics in the future.