As of 2023, the import value of statuettes and ornamental articles of porcelain or china to Japan stood at an actual value noticeably higher than the forecasted trend starting in 2024. From 2024 onwards, there is a consistent forecasted decline in import values, with the figure moving from 10.303 million USD in 2024 to 7.0242 million USD by 2028. This indicates a year-on-year decrease, highlighting a negative trend across the forecast period with a negative CAGR over these years.
Future trends to watch for include:
- Potential shifts in consumer preferences towards local or alternative materials, impacting import values further.
- Global economic factors affecting currency exchange rates and import costs.
- Potential trade agreements or policies that could influence the porcelain and china market in Japan.
