The forecasted import volume of non-electric bakery ovens to China from 2024 to 2028 shows a consistent decline, beginning at 229.61 thousand kilograms in 2024 and decreasing to 108.36 thousand kilograms by 2028. This represents a year-on-year decrease of roughly 13.6% from 2024 to 2025, 15.4% from 2025 to 2026, 17.9% from 2026 to 2027, and 21.3% from 2027 to 2028. The compounded annual growth rate (CAGR) over this period indicates a significant downward trend in imports of these ovens.
Future trends to watch for:
- Potential impact of local manufacturing capabilities improving, reducing dependency on imports.
- Technological advancements in electric ovens possibly overshadowing non-electric options.
- China's economic policies that might influence import tariffs or promote sustainable technologies.