The import of ground natural calcium phosphates to Japan is forecasted to decrease gradually from 423.23 million kilograms in 2024 to 399.68 million kilograms in 2028. Assuming the data for 2023 stood at a slightly higher figure, the general trend shows a consistent year-on-year decline in volume.
- From 2024 to 2025, the decrease is approximately 1.43%.
- From 2025 to 2026, a similar trend continues with a 1.43% reduction.
- The year 2026 to 2027 sees a 1.42% decline.
- Furthermore, the decline from 2027 to 2028 is about 1.41%.
- The five-year compound annual growth rate (CAGR) suggests an average annual decline of around 1.43%.
The market may continue to contract if current factors persist, such as changes in domestic demand, global market dynamics, and potential shifts to substitute materials. Future trends to monitor include Japan's policy adjustments toward resource sustainability, advancements in recycling technologies, and developments in phosphate extraction efficiency.
