Japan's import forecast for fluorine and bromine shows a declining trend from 2024 to 2028. The forecast indicates a continuous decrease from $2.6581 million in 2024 to $2.0659 million by 2028. This represents a reduction over the five-year period, with year-on-year percentage changes reflecting a decreasing trajectory. Compared to the 2023 figures, this indicates a substantial expected contraction. The Compound Annual Growth Rate (CAGR) over these years shows a consistent downward trend, emphasizing diminished import values annually.
Future trends to watch for include:
- Potential shifts in domestic production capabilities impacting import dependence.
- Changes in global supply and demand dynamics, affecting prices and availability of fluorine and bromine.
- Technological advancements that may alter usage patterns and, therefore, import needs.
- Environmental regulations that could influence import levels due to sustainability targets.