In 2023, China imported 1.2 million kilograms of concrete or mortar mixing machines. The forecast for 2024 is a 1.068 million kilograms decrease, indicating an 11% reduction from the previous year. By 2025, imports are expected to drop by 10.3%, followed by further declines of 11.2% in 2026, and 12.4% in 2027. The projected import volume for 2028 is 0.64164 million kilograms, reflecting a 13.8% decrease. Over the five-year span from 2023 to 2028, the compound annual growth rate (CAGR) indicates a steady decline of imports.
Future trends to watch include China's focus on domestic production capabilities and emerging technologies in construction, potentially affecting import reliance. Policy shifts towards sustainability and infrastructure investment may also influence future import dynamics.
