From 2023 to 2028, the forecast for Japan's import of true hemp yarn shows a consistent decline from 18.22 thousand kilograms in 2024, dropping each year to reach 17.06 thousand kilograms in 2028. Compared to the 2023 level, this trend indicates a gradual decrease in demand or shifts toward alternative materials.
Year-on-year, the average percentage decrease is around 1.75%, while the compound annual growth rate (CAGR) over the full five-year period reflects a roughly 1.62% decline. These figures highlight a consistent downtrend in imports.
Future trends to watch include:
- Shifting consumer preferences towards sustainable or alternative fibers.
- Potential trade policy changes affecting hemp imports.
- The impact of technological advancements in textile production on demand for traditional materials like hemp yarn.