The forecast for the import of lightning arresters and voltage or surge limiters of 1 kV and more to China shows a consistent decline from 2024 through 2028. Starting at 18.111 million USD in 2024, the import value gradually decreases, reaching 17.579 million USD by 2028. This indicates a trend of diminishing imports with an average annual decline (CAGR) over five years. Compared to 2023, these figures suggest a downward trend, reflecting decreased import demand or changes in domestic production or market conditions.

Future trends to watch for:

Technological advancements in domestic manufacturing might reduce dependency on imports.
Policy changes or trade agreements that could impact import volumes favorably or unfavorably.
Emerging sectors within China requiring advanced electrical infrastructure could alter import needs.