Forecast: Re-Import of Belts and Bandoliers of Leather or Composition Leather to China

The re-import of leather belts and bandoliers to China in 2024 is forecasted to remain stable, beginning at 67.71 thousand kilograms and gradually declining to 66.38 thousand kilograms by 2028. This steady decrease reflects a compound annual growth rate (CAGR) decline of approximately 0.5% over the next five years. In 2023, the re-import value was at its highest compared to the forecasted years.

Key trends to watch for:

  • The impact of China's domestic production capabilities growing, which might further reduce re-import reliance.
  • Potential shifts in global supply chain dynamics that might affect re-import volumes due to economic policies or trade agreements.