In 2023, the import of parts for spark-ignition engines except aircraft to China stood at a slightly lower level compared to the projections for 2024. With the forecast figures available, the imports are expected to rise from 166.08 million kilograms in 2024 to 174.81 million kilograms by 2028. Year-on-year growth reveals a consistent upward trend, with increments of around 1.35% in 2025, 1.31% in 2026, 1.27% in 2027, and 1.22% in 2028. Over these years, the compound annual growth rate (CAGR) is anticipated to be in the vicinity of 1.31%.

Future trends to watch for include:

Increased adoption of electric vehicles potentially impacting the demand for spark-ignition engine parts.
Geopolitical developments and trade policies influencing import levels.
Technological advancements in engine efficiency potentially reducing demand for import parts.