The forecast for Japan's import of pulp of wood, fibrous cellulosic material, and waste shows a gradual decline from 2024 to 2028. In 2023, the import value stood at approximately $1.384 billion. From 2024, a year-on-year decrease reflects a consistent downtrend, with a compound annual growth rate (CAGR) denoting a small but steady decline over these five years.
Future trends to watch for:
- Shifts in global demand and supply dynamics of pulp and cellulosic materials.
- Japan's domestic production and recycling capabilities impacting import levels.
- Technological advancements in recycling and sustainable materials.
- Potential trade policy changes affecting import costs and volumes.
