The import of semi-manufactured iridium, osmium, and ruthenium to Japan is forecasted to increase steadily from 2024 to 2028, starting at 670.24 thousand kilograms in 2024 and rising to 766.86 thousand kilograms by 2028. Comparing the 2024 forecast to actual import data from 2023 would be necessary to determine the annual growth rate for that year. The year-on-year growth rate is around 3.7% from 2024 to 2028. The compounded annual growth rate (CAGR) over these five years is similarly around this mark, indicating consistent growth in imports.
Future trends to watch for include:
- Technological advancements or changes in demand within industries utilizing these metals
- Global supply chain disruptions or geopolitical factors influencing availability and pricing
- Environmental regulations impacting mining and production efficiencies