In 2023, the import of oxygen to China stood at 15.00 thousand kilograms, marking the baseline for recent data analysis. Forecasts for the coming years show a significant downward trend, with imports expected to plummet to 3.40 thousand kilograms by 2028. A year-on-year analysis from 2024 to 2028 reveals consistent negative growth, highlighting the ongoing decrease in volume, with an average compound annual growth rate (CAGR) of approximately -22.8%.

Future trends to watch include:

Technological advancements in domestic oxygen production leading to decreased import reliance.
Policies targeting environmental sustainability which may affect the industrial demand for oxygen.
Potential market shifts in healthcare and industrial applications influencing overall import needs.