The re-import of parts of metal rolling mills and rolls to China is set to grow from 31.67 thousand kilograms in 2024 to 34.0 thousand kilograms by 2028. The projected year-on-year growth from 2024 to 2028 shows a steady increase, with an average annual growth rate (CAGR) of around 1.79%. Back in 2023, the volume was slightly lower, indicating a positive trend moving forward.
Future trends to watch for include advancements in manufacturing technology, which may enhance the efficiency and quality of domestic production, potentially reducing the need for re-imports. Additionally, trade policies and international relations will continually impact demand and import patterns in this sector.
