The import of new pneumatic tyres of rubber for buses or lorries into Japan shows a steady growth forecast from 2024 to 2028, rising from 62.756 million kilograms in 2024 to 70.133 million kilograms in 2028. In 2023, the volume stood at approximately 60.846 million kilograms, suggesting a positive year-on-year growth trajectory. The year-on-year variations indicate a smooth upward trend, with a consistent increase in imports reflecting a compound annual growth rate (CAGR) that signals healthy demand and market stability for these products over the forecast period.
Future trends to watch for include:
- Technological advancements in tyre durability and efficiency.
- Policy changes in environmental regulations affecting tyre imports.
- Economic factors impacting the transportation industry in Japan.
