In 2023, imports of natural gum, resin, gum-resin, and balsam to Japan stood at $3.3737 million. The forecast for 2024-2028 anticipates a gradual decline from $3.3057 million to $3.0414 million, reflecting a consistent year-on-year decrease in value. The average annual decline rate, or CAGR, over this five-year period is approximately -2.1%. This trend highlights a slow but steady reduction in import values attributed potentially to shifting sourcing patterns, increased local alternatives, or changing industry demands.
Future trends warranting attention include Japan's domestic production capabilities, technological advancements in synthetic alternatives, changes in international trade policies, and environmental considerations influencing global supply chains.
