The import of Butadiene Rubber (BR) to Japan shows a declining trend from 2024 to 2028. The volume starts at 17.953 million kilograms in 2024 and decreases to 15.395 million kilograms by 2028. The annual year-on-year variations indicate a drop in imports, with the percentages consistently showing a downward trend over the forecast period. The data from 2022 to 2023 also underscore this pattern, confirming the beginning of the decline before the forecasted period.
Key Observations:
- 2024: 17.953 million kg
- 2025: 17.294 million kg (-3.67%)
- 2026: 16.648 million kg (-3.73%)
- 2027: 16.015 million kg (-3.80%)
- 2028: 15.395 million kg (-3.87%)
The Compound Annual Growth Rate (CAGR) over this 5-year period is negative, reflecting an average annual decline.
Future trends to watch include potential shifts in global production capacities, changes in trade policies, and developments in synthetic alternatives. Environmental concerns and innovations in recycling processes may also impact future imports of Butadiene Rubber to Japan. Monitoring these factors will be crucial for anticipating further trends within this sector.