Key Market Indicators
Chinese metal products imports are projected to climb to approximately $5 billion by 2028, up from about $4.4 billion in 2023, marking an average annual growth rate of 2%. This trend has been consistent since 1997, with a steady year-on-year increase of 2.7%. Meanwhile, Chinese metal products exports are expected to surge to around $22 billion by 2028, from nearly $19 billion in 2023. This represents an average annual growth rate of 2.3%. Since 1997, China's metal products supply has seen a robust annual increase of 3.1%.