In 2023, IT hardware exports in China stood at a notable value, forming the foundation for projected figures from 2024 onwards. For the forecasted period, a marginal year-on-year variation can be observed, with a slight decline in export values. Between 2024 and 2025, the value is predicted to dip slightly by approximately 0.28%. This trend of minimal declines continues through the subsequent years up to 2028, averaging an annual decline of around 0.20%. Over the last two years, this indicates a subtle regression, while the five-year Compound Annual Growth Rate (CAGR) reflects a steady but minor downward trend. Although the decline is modest, it suggests a gradual deceleration in the growth of IT hardware exports.
Future trends to watch for include:
- Impact of global trade policies and tariffs on export dynamics.
- Advancements in technology and innovation in IT hardware.
- Shifts in global demand and supply chains, potentially influenced by geopolitical factors.
- Increasing competition from other nations in the IT hardware market.
