The forecast for the import of locks used for furniture of base metal to Japan indicates a steady increase. The import value is projected to grow from 7.85 million USD in 2024 to 8.94 million USD by 2028. Based on this data and assuming the value in 2023 was similar to that in 2024, the year-on-year growth from 2024 to 2025 is approximately 3.56%. This upward trend reflects positive annual growth, with a compound annual growth rate (CAGR) of about 3.3% over the five-year forecast period.

Future trends to watch for include:

Technological advancements in lock manufacturing might influence import volumes.
Global economic conditions affecting trade policies.
Demand shifts due to changes in Japan’s furniture industry or consumer preferences.