The import of leucite, nepheline, and nepheline syenite to Japan in 2023 was slightly lower than the 2024 forecast of 4.3093 million kilograms. Forecasted imports show a consistent growth trend, with a year-on-year increase ranging from approximately 2.9% to 2.5% from 2024 to 2028. The compound annual growth rate (CAGR) over these five years is estimated to be around 2.6%, indicating a steady ascent in import volumes.
Trends to watch for include potential market fluctuations driven by demand changes in ceramic and glass industries, as these minerals are key raw materials. Additionally, geopolitical developments affecting trade partnerships may also impact future import volumes.
