The forecast for the re-import of castors of base metal to China indicates a significant decreasing trend from 2024 to 2028, with quantities dropping from 156.11 to 61.79 thousand kilograms. The year-on-year decline reflects steep reductions: approximately 15.6% from 2024 to 2025, 18.1% to 2026, 21.6% to 2027, and 27% to 2028. When averaged, the compound annual growth rate (CAGR) shows a consistent downward trend over these five years.

In 2023, the re-import volume presumably stood at a higher mark, implying a shifting demand or changes in domestic production dynamics.

Future trend considerations:

Increase in domestic production capacities in China reducing dependency on re-imports.
Shifts in international trade policies or tariffs affecting import dynamics.
Technological advancements in local manufacturing substitutes driving down the need for re-imports.