Forecast: Import of Semi-Finished Products of Alloy Steel Except Stainless to China

The forecast for the import of semi-finished products of alloy steel, excluding stainless steel, into China indicates a declining trend over the five-year period from 2024 to 2028, with values decreasing annually. In 2023, the import value stood significantly higher as the 2024 forecast begins with a slight decline.

Year-on-year, the import value decreases consistently as follows: from 2024 to 2025 by approximately 0.87%, from 2025 to 2026 by around 0.86%, and so on. The compound annual growth rate (CAGR) from the past five years would provide further insight into long-term trends, showcasing a steady decline in imports.

Future trends to watch for include:

• Global economic factors that could impact steel demand and pricing.
• China's domestic production and policies related to alloy steel manufacturing.
• The potential shifts in supply chain dynamics affecting import patterns.