The import value of plates and film with any side exceeding 255 mm to Japan is expected to rise steadily from 2024 to 2028. The forecast begins at $57.667 million in 2024, reaching $60.084 million by 2028. This marks a consistent upward trend, with year-on-year growth rates indicating a modest, yet stable increase each year. The compound annual growth rate (CAGR) over this five-year period signifies a steady average annual growth.
In 2023, before the forecast period, this import value likely stood near its initial forecast value, providing a baseline for these projections. Future trends to monitor include technological advancements affecting production and demand, shifts in international trade policies, and evolving environmental regulations. The influence of these factors could impact the import dynamics and growth trajectory observed in this forecast.