The import of not backed aluminium foil to China in 2023 stood at an estimated 18.5 million kilograms. In 2024, forecasts predict a decline to 18.071 million kilograms, showing a year-on-year decrease of approximately 2.32%. From 2025 to 2028, imports are anticipated to continue declining annually by about 2.3% on average. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates a consistent overall decrease in imports.
Future trends to watch:
- Potential changes in domestic production capacity could impact import needs.
- Trade policies and tariffs adjustments may alter import volumes.
- Shifts in global demand for aluminum foil, particularly from developing markets, could influence forecasts.
- Evolving environmental regulations might affect both production and imports.