In 2023, the import volume of ironing machines and presses, including fusing presses, to Japan was lower than the forecasted volume of 240.45 thousand kilograms for 2024. The forecasted data shows a consistent declining trend from 2024 to 2028, with a year-on-year percentage decrease indicating gradual reduction in imports.
The downward trajectory from 2024 to 2028 is characterized by a steady shrinkage, with the volume decreasing annually by a certain margin. The compound annual growth rate (CAGR) reflects a persistent negative growth, framing an average annual decline over the five-year period.
Future trends to watch for include:
- The impact of technological advancements in domestic production potentially reducing dependence on imports.
- Shifts in global trade policies that may affect Japan's import strategy.
- Changes in domestic demand influenced by industrial and consumer behavior trends.
