The forecasted import of shuttle-less looms for weaving fabric of a width exceeding 30 cm to Japan shows a declining trend from 2024 to 2028. The import value is expected to decrease steadily year-on-year by small amounts. In 2023, the import value was reported at 11.2 million US dollars, showing a stable trend over recent years. The forecast suggests an average annual decline of approximately 0.4% based on the compound annual growth rate (CAGR) over the next five years.
Future trends to watch for:
- Technological advancements in the weaving industry that could impact the demand for shuttle-less looms.
- Shifts in Japan's textile manufacturing sector and possible increases in domestic production capabilities which may affect import levels.
- Changes in international trade policies and economic conditions that could influence import patterns.