The import of printing ink other than black to Japan is forecasted to decline steadily from 2024 to 2028, starting at 2.0454 million kilograms in 2024 and reducing to 1.7064 million kilograms by 2028. Notably, this represents a continuous decline each year, with the year-on-year percentage variations indicating a contraction in import volumes. In comparison to 2023, where actual data indicated a certain volume, 2024 marks the start of observable reductions. Over the forecast period, the compound annual growth rate (CAGR) reflects a negative trend, highlighting dwindling imports.
Future trends to watch for include the potential technological advancements in the domestic production of printing inks and shifts in market demand, possibly driven by digitalization and sustainability factors. Additionally, fluctuations in global raw material costs or changes in trade regulations may further influence the import levels of printing ink in Japan.
