In 2023, China imported drying machines of a capacity not exceeding 10 kg, except washer-driers, standing at a specific volume known to us. Forecasted data shows a steady growth in imports from 2024 to 2028, with the figures moving from 15.46 to 18.484 million kilograms.
Between 2024 and 2025, the year-on-year growth is approximately 5%. From 2025 to 2026, it continues at around 4.7%. The trend slightly tapers but remains upward, moving to 4.4% between 2026 and 2027 and around 4.1% from 2027 to 2028. Over the entire forecast period, the compound annual growth rate (CAGR) is roughly 4.5%.
Looking ahead, significant trends to watch include technological advancements in energy efficiency, which could drive consumer demand, and potential regulatory changes affecting importation. Additionally, shifts in domestic production capacity might influence import levels, as well as evolving consumer preferences towards more eco-friendly appliances.
