The import of propyl alcohol and isopropyl alcohol to Japan is forecasted to decline steadily from 2024 to 2028, starting at 11.008 million kilograms in 2024 and dropping to 8.2842 million kilograms in 2028. This represents a consistent annual decrease in import volume. From 2023 to 2024, the year-on-year variation indicates a shift to trend downturn, marking the beginning of this negative trajectory. A five-year compound annual growth rate (CAGR) reflects an average annual decrease, emphasizing the persisting downward trend over the forecast period.
Future trends to watch for include Japan’s potential shifts towards domestic production or alternative sources, alignment with global sustainability goals, and consumption patterns driven by innovations in alternative chemicals, which could further impact import volumes. Monitoring regulatory changes and economic conditions could provide more insights into these future dynamics.
