The forecasted import values for boards of vegetable fiber with mineral binder or cement to China show a consistent decline from 2024 to 2028. The year-on-year decrease starts at approximately 1.59% from 2024 to 2025 and marginally increases to about 1.60% each year thereafter, indicating a steady contraction in imports. The compound annual growth rate (CAGR) over the five years is negative, reflecting an average annual decline.
Future trends to watch for include:
- Potential shifts in construction materials demand within China, possibly driven by sustainable building practices.
- Technological advancements in the production of alternative materials within China that could reduce dependency on imports.
- Changes in trade policies globally and regionally that could impact import costs and volumes.