Forecast: Import of Articles of Plaster, Other Than Plasterboard to China

In 2023, the import of articles of plaster, other than plasterboard, to China stood at an actual value of 1.3625 million US dollars. From this point, the forecast for 2024 shows an increase to 1.4894 million, with subsequent years showing a consistent upward trend reaching 1.5927 million by 2028. Year-on-year, the variations indicate moderate growth, with average annual increases of approximately 2.06% between 2024 and 2028, indicating a steady Compound Annual Growth Rate (CAGR).

Future trends to watch for include:

  • The impacts of China's infrastructural and real estate development plans on the demand for imported plaster articles.
  • Economic policies in China that might affect import tariffs and trade balances.
  • Innovation in construction materials that could either increase or decrease the reliance on imported plaster articles.
  • Currency exchange rate fluctuations influencing the cost-effectiveness of imports from different countries.

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