In 2023, the import value of sulphate chemical wood pulp to Japan was an estimated baseline preceding a steady forecasted growth. From 2024 to 2028, the value is expected to rise from 1.1161 billion USD to 1.127 billion USD, marking a moderate upward trend. This reflects an approximate year-on-year increase of about 0.25% to 0.3% annually. The compound annual growth rate (CAGR) over the forecasted period is anticipated to remain consistent with these slight year-on-year increases.
Future trends to watch for include:
- Global supply chain dynamics which may impact import costs.
- Japan's domestic demand for paper products and any advancements in recycling technologies.
- Regulatory changes and trade agreements affecting raw material imports.