Japan's import of natural graphite in powder or flakes is forecasted to steadily increase from 2024 to 2028, rising from $121.98 million to $137.12 million. In 2023, this value stood at $118 million, indicating a consistent year-on-year growth trend.
Year-on-year variation in percentage:
- From 2024 to 2025: 3.19%
- From 2025 to 2026: 3.03%
- From 2026 to 2027: 2.89%
- From 2027 to 2028: 2.75%
Compound annual growth rate (CAGR) from 2024 to 2028: 2.97%
Future trends to watch for:
Key factors that could influence these trends include advancements in battery technology, which may increase demand for natural graphite. Additionally, fluctuations in global supply chains, environmental regulations, and geopolitical developments could impact import volumes and values.
