In 2023, Japan's imports of slivers, rovings, yarn, and chopped strands of glass were at 150 million kilograms. The forecast indicates a steady increase each year from 2024 through 2028, starting at 156.29 million kilograms in 2024 and reaching 179.26 million kilograms by 2028. This represents a consistent year-on-year growth in the range of 3-4%, with a compound annual growth rate (CAGR) of approximately 3.67% over this five-year period.
Future trends to monitor include potential changes in Japan's infrastructure demands, technological advancements within the glass composites industry, and shifts in global supply chain dynamics that could impact import volumes.
