The import of unvulcanised rubber compounded with carbon black or silica to Japan is projected to decline steadily from 2024 to 2028. Starting from 14.647 million USD in 2024, the value is expected to drop each year, reaching 9.0779 million USD by 2028. This represents a continuous year-on-year decrease, with an average annual decline of approximately 11.4% over the five-year period in the forecast data.
Future trends to watch for include:
- The potential impact of technological innovations which could decrease the reliance on imports.
- Shifting global supply chain dynamics which might affect price and availability.
- The influence of environmental policies on the rubber industry that might spur increased demand for sustainable materials.