In 2023, Japan's import of Oxirane, expressed in value, amounted to 655.12 thousand US Dollars. Forecasted data from 2024 to 2028 shows a decreasing trend, with imports declining from 642.24 thousand US Dollars in 2024 to 593.39 thousand US Dollars by 2028. The year-on-year variation indicates a gradual decrease, averaging a Compound Annual Growth Rate (CAGR) of approximately -2.04% over this period. The consistent decline suggests a slowdown in demand or increased domestic production capacity.
Future trends to watch include:
- Shifts in industrial production requiring ethylene oxide in Japan.
- Changes in trade policies or tariffs affecting import prices.
- Innovations in alternative materials that might reduce reliance on ethylene oxide.
- Global supply chain dynamics and their impact on pricing.