The import volume of electric cooking, grilling, and roasting equipment to China is projected to see steady growth from 2024 to 2028, starting at 50.664 million kilograms in 2024 and increasing to 58.774 million kilograms by 2028. This represents a compound annual growth rate (CAGR) over this period as indicative of positive import demand.
Year-on-year growth rates are consistent, with slight increases each year, reflecting a stable upward trend. In 2023, the import volume stood distinctly lower compared to the forecasted figures for 2024 and beyond.
Future trends to watch for include:
- Potential shifts in consumer preferences towards energy-efficient appliances.
- Evolving regulatory standards impacting import criteria.
- Geo-economic factors influencing bilateral trade relations.
