The import value of bleached kraft paper and paperboard weighing 150 g/m2 or less to China is projected to grow steadily from 2024 to 2028. In 2023, this value stood at an estimated level which will increase by 4% annually until 2028. This reflects a notable strengthening of demand for bleached kraft paper, suggestive of China's rising consumption needs. The five-year compound annual growth rate (CAGR) highlights an average annual growth of approximately 3.3% over the forecast period.
Future trends to watch include:
- China's industrial growth and evolving packaging needs.
- The impact of environmental regulations on import demand.
- Technological advancements in paperboard production.
- Fluctuations in global trade policies affecting imports.
