Japan's import of wood fuel is projected to grow steadily from 7.6571 million kilograms in 2024 to 9.4239 million kilograms by 2028. This indicates robust, ongoing demand. Back in 2023, the imports stood at 7.2258 million kilograms. The year-on-year increase shows the following trends:
- 2024: 5.97% growth
- 2025: 5.94% growth
- 2026: 5.50% growth
- 2027: 5.11% growth
- 2028: 4.76% growth
The last CAGR of 5.63% underscores a consistent annual expansion in wood fuel imports.
Future trends to watch include potential impacts from Japan's evolving energy policies promoting renewable resources, fluctuations in global wood fuel prices, and advancements in alternative energy sources which might influence import quantities. The effects of international trade agreements and domestic production capacities could also play a significant role in shaping future import scenarios.