Forecast: Import of Articles of Plaster, Other Than Plasterboard to Japan

In 2023, Japan's import of articles of plaster, other than plasterboard, was valued at approximately 888.18 thousand USD. The data forecasts a steady decline from 2024 onwards, revealing a predicted 8.1% year-on-year decrease from 2023 to 2024. The downward trend is projected to continue with the following year-on-year changes: 2025 expected at -8.1%, 2026 at -8.5%, 2027 at -9.3%, and 2028 at -10.0%. The compound annual growth rate (CAGR) for the forecast period of 2024-2028 is -8.8%, indicating a consistent decline in import value over these five years.

Future trends to watch for include:

  • The impact of domestic production capacity improvements which may further reduce import reliance.
  • Changes in construction and infrastructure development policies that might affect demand for imported plaster articles.
  • Emergence of alternative materials reducing the need for traditional plaster products.

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