The import of Methacrylic Acid Esters to Japan is forecasted to decline steadily from 2024 to 2028, starting at 14.689 million kilograms in 2024 and falling to 13.713 million kilograms by 2028. In 2023, the import volume stood higher than the forecast for 2024, indicating a noticeable downward trend.
Year-on-year variations show a consistent decline, approximately -1.7% on an average annual basis. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is negative, highlighting the persistent decrease in volume over these five years.
Future trends to watch for include potential impacts from technological advancements in domestic production, shifts in demand from key industries, and changes in trade policies that could either mitigate or exacerbate the decline in import volumes.
