In 2023, China's import of hand-operated mechanical appliances used in food or drink preparation stood at a lower value compared to the forecasted data for 2024-2028, marking a clear upward trend in import projections. The values for 2024 to 2028 show a consistent increase, reflecting stable growth in this sector. A year-on-year analysis reveals incrementally rising import values, averaging an approximate Compound Annual Growth Rate (CAGR) of 2.83% over this five-year period.
Future trends to watch for include:
- Potential shifts in consumer preference towards manual appliances as healthy and environment-friendly options.
- Trade policies and tariffs that might influence import costs and demand dynamics in China.
- Technological advancements in hand-operated mechanical appliances improving their functionality and appeal.