Based on the provided data, the import of Butadiene Rubber (BR) to Japan is forecasted to show a downward trend from 2024 to 2028. The value in 2024 is predicted to be 30.691 million USD, decreasing to 28.433 million USD in 2025, 26.219 million USD in 2026, 24.051 million USD in 2027, and finally reaching 21.925 million USD in 2028. The year-on-year decrease from 2024 to 2025 is approximately 7.35%, from 2025 to 2026 is about 7.78%, from 2026 to 2027 is around 8.26%, and from 2027 to 2028 is estimated at 8.84%. Given that we are in 2024, data for 2023 showed an import value of 33.500 million USD. Over the last five years, the Compound Annual Growth Rate (CAGR) exhibits an average decline per year of around 7.55%.
Future trends to watch for include the impact of economic conditions on industrial demand in Japan, potential shifts towards sustainable materials which might affect rubber demand, and any regulatory changes that could either restrain or stimulate imports. Additionally, advancements in synthetic rubber technologies and competition from alternative materials could further influence the import patterns of Butadiene Rubber.