In 2023, the import value of sheet or tile, asbestos, and cellulose fibre cement not corrugated to China was approximately $2.88 million. From 2024 to 2028, the forecasted data shows a steady growth in import value, starting at $2.9045 million in 2024 and reaching $3.012 million by 2028. This represents a year-on-year growth of approximately 1% annually.
Future trends to watch for include:
- Continued growth in infrastructure projects in China, potentially increasing demand.
- Regulatory changes affecting importation of materials containing asbestos.
- Innovation and adoption of alternative materials may influence market dynamics.