The import of magnesium hydroxide and peroxide to China is projected to increase steadily from 6.9904 million kilograms in 2024 to 7.9519 million kilograms in 2028. This data reflects a consistent growth trajectory with annual incremental rises. Compared to the actual data from 2023, this indicates a positive year-on-year growth rate for the subsequent years, improving China’s volume intake of these materials. The compound annual growth rate (CAGR) from 2024 to 2028 indicates a stable upward trend, suggesting increased demand or reliance on imports.
Future trends to watch for include variations in global supply chain dynamics, potential increases in domestic production, and shifts in consumption patterns within China. Additionally, monitoring changes in international trade policies and their impacts on import volumes will be crucial.
