In 2023, China re-imported about 104.68 thousand kilograms of threaded fittings, iron or steel except stainless. Looking at the forecast from 2024 to 2028, there is a steady year-on-year increase, averaging about 1.20% annually. The volume is expected to grow to reach approximately 109.37 thousand kilograms by 2028, indicating a consistent compound annual growth rate (CAGR) across the forecasted period.
Future trends to watch for include:
- Potential changes in global steel supply chains which could affect import dynamics.
- Chinese domestic production capabilities and shifts in demand that may influence re-import needs.
- Impact of emerging trade policies or regulations pertaining to steel imports/export.
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