In 2023, China's exports of zinc oxide and zinc peroxide stood significantly before the forecasted decline begins in 2024. From 2024 to 2028, the exports are forecasted to decrease annually, reaching 7.8 thousand metric tons in 2028. Notably, the year-on-year variations show a negative trend, reflecting an industry facing challenges.
Over the two years from 2026 to 2028, the year-on-year reductions average a decline, emphasizing diminishing export volumes. The Compound Annual Growth Rate (CAGR) for the five-year forecast (2024-2028) indicates a noticeable downward trend in exports.
Future trends to watch for include:
- Potential shifts in global demand influencing export volumes.
- Regulatory changes or environmental policies impacting zinc oxide and peroxide usage.
- Technological advancements in zinc applications possibly altering market dynamics.
