The re-import of cold-rolled stainless steel to China is forecasted to rise steadily from 56.6 thousand kilograms in 2024 to 65.16 thousand kilograms by 2028. This reflects a consistent year-on-year increase approximating 3.9% from 2024 to 2028. In 2023, the actual re-import stood at 54.4 thousand kilograms, marking a solid growth trajectory into the forecasted period. The compound annual growth rate (CAGR) for this five-year period is estimated at around 4.3%, indicating a steady upward trend.
Key trends to watch include China's increasing demand for high-quality materials driven by infrastructure and technology investments. Additionally, global trade dynamics, such as tariffs and supply chain changes, could impact these forecasts. Monitoring technological advancements in steel production and recycling could also play a crucial role in shaping future imports.
