In 2023, the re-import value of soap to China was not part of the data provided, yet one can observe an upward trend from 2024 to 2028. Starting at $560.62K USD in 2024, there is a consistent growth reaching $639.88K USD by 2028. The year-on-year growth shows approximately a steady increase of 3% to 4% annually. The Compound Annual Growth Rate (CAGR) over the forecasted period is expected to be similar, reflecting stable growth in re-imports of soap to China.
Future trends to watch for:
- Global fluctuations in soap manufacturing and supply chain dynamics impacting re-import levels.
- China's domestic soap production advancements influencing the necessity for re-imports.
- Policy changes regarding imported goods and environmental considerations affecting re-import rates.