The forecast for re-import of anti-oxidisers and stabilizers for rubber or plastics to China shows a consistent decline from 2024 to 2028, starting at $5.5076 million and decreasing to $1.5928 million by 2028. This represents a drop of approximately 4% year-on-year. In 2023, actual imports were higher than the forecasted value for 2024. The compound annual growth rate (CAGR) over these five years exhibits a significant negative trend, indicating a decreasing demand or a shift towards local production.
Future trends to watch for:
- Potential reduction in dependency on imports due to increased domestic production capabilities.
- Impact of environmental regulations on the demand for anti-oxidisers and stabilizers.
- Evolving global trade policies affecting import dynamics.
- Innovation in materials technology potentially altering demand patterns.