As of 2023, the re-import of cut or sawn slabs of granite to China stood at an unreported figure. Based on the forecasted data, the value for 2024 is estimated to be 14.65 thousand USD. Over the coming years, a gradual decline is expected, with values decreasing from 14.65 thousand USD in 2024 to 11.55 thousand USD by 2028. The year-on-year decline appears consistent, indicating a reduction trend in re-import demand. The compound annual growth rate (CAGR) over this five-year period reflects a decreasing demand for these slabs, suggesting a strategic shift or market saturation.
Future trends to watch include:
- Shifts in global granite supply chains might influence re-import dynamics and cost benefits.
- Domestic production enhancements in China could reduce dependency on re-imports.
- Environmental regulations might impact the granite industry, altering import-export equations.
