The forecast for the import of printed reading books, excluding dictionaries, to China indicates moderate growth. In 2023, the imports were 18.5 million kilograms. The forecast period from 2024 to 2028 shows a steady increase, reaching 21.099 million kilograms by 2028. Year-on-year growth rates from 2024 to 2028 range between 2.76% to 2.35%, reflecting a consistent upward trend. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 2.6%.
Future trends to watch:
- Continued digitalization may impact physical book imports, despite the current growth trend.
- Potential policy changes regarding cultural imports could influence future import volumes.
- Growing interest in foreign literature might drive higher demand for imported books.