In 2023, the import of bleached kraft paper and paperboard weighing 150 g/m2 or less to China was recorded at 157 million kilograms. Forecasted data indicate a steady upward trend with a year-on-year increase of approximately 3.7% for 2024, rising to 163.38 million kilograms. This trend continues with increments to 186.67 million kilograms by 2028, reflecting a compound annual growth rate (CAGR) of 4.3% from 2023 to 2028.
Future trends to watch for:
- Technological advancements in packaging solutions which might affect demand.
- Potential impacts of environmental regulations and their influence on import volumes.
- Fluctuations in global economic conditions impacting China’s import strategy.