As of 2023, the import value of motor vehicles for the transport of persons to Japan stood at a lower level compared to the forecasted values from 2024 onwards. The import value is projected to grow steadily from 13.649 billion USD in 2024 to 14.876 billion USD in 2028. This indicates a consistent upward trend with an average year-on-year growth rate of approximately 2% over the five-year period. The compounded annual growth rate (CAGR) further underlines this positive growth trajectory, reflecting a robust demand and reliance on imported personal transport vehicles.

Future trends to watch include:

Potential impacts of global trade policies affecting automobile imports into Japan.
The influence of electric and autonomous vehicles on import dynamics.
Economic policies in Japan that may alter import tariffs and duties.
Shifts in consumer preferences toward more sustainable transport options.