In 2023, the re-import of silicones to China was recorded at approximately 4.17 million kilograms. Forecasted data from 2024 indicate a steady annual decline, with a projected figure of 3.9792 million kilograms in 2024, dropping consistently to 3.2366 million kilograms by 2028. Year-on-year variations show a declining trend as the supply appears to reduce gradually. Based on these figures, there's an anticipated CAGR of negative growth, reflecting a significant downturn over the five-year period.
Future trends to watch for include potential shifts in global trade dynamics, technological advancements in silicone production, and evolving demand within domestic markets. These factors could alter the projected downward trend in silicone re-imports to China.
