In 2023, China saw the re-import of parts for fork-lift trucks amounting to 578 thousand kilograms. Forecasts for 2024 anticipate an increase to 610.48 thousand kilograms, marking a 5.6% year-on-year rise. Continued growth is projected through to 2028, as the forecast suggests an upward trajectory reaching 745.58 thousand kilograms. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 5.03%.

Future trends to watch for include:

The impact of China's policies on import tariffs that could affect the cost-structure for domestic industries.
Technological advancements in fork-lift truck parts, potentially increasing re-importation needs.
Shifts in global supply chain resilience strategies influencing China's reliance on domestic versus re-imported components.