Forecast: Import of Cold-Rolled Products of Iron or Non-Alloy Steel of a Width of 600 mm or More Not Clad, Plated or Coated to Japan

The forecasted import of cold-rolled products of iron or non-alloy steel to Japan shows a steady increase from 2024 to 2028, growing from 630.22 million USD in 2024 to 651.63 million USD in 2028. This implies a moderate growth trend with a consistent annual increase. The year-on-year growth rate from 2024 to 2025 is approximately 0.87%, and from 2025 to 2026 is about 0.85%, showing slight deceleration. The compound annual growth rate (CAGR) for the five-year period is projected at around 0.83%.

Future trends to watch for:

• Monitoring international trade policies and tariffs, which could impact import prices.
• The development of local steel manufacturing capacity in Japan, potentially affecting import volumes.
• Global economic conditions influencing demand for steel products in various sectors such as automotive and construction.