Forecast: Import of Threaded Fittings, Iron or Steel Except Stainless to China

The import of threaded fittings, iron or steel except stainless, to China is forecasted to slightly decline from 3.8739 million kilograms in 2024 to 3.8542 million kilograms in 2028. From 2023 to 2024, the year-on-year change marks a minute reduction, with a persistent minor downward trend observed through the years following. This indicates an overall declining trajectory for the sector in volume terms. The compound annual growth rate (CAGR) over the five-year forecasted period remains negative, indicating a consistent annual decrease in import volume.

Future trends to watch for include potential increases in domestic production capacity and shifts in demand due to technological advancements or policy changes. Global trade dynamics and raw material price fluctuations could also impact import levels.