The re-import of shuttle-less looms for weaving fabric with a width exceeding 30 cm is projected to witness a consistent upward trend in China from 2024 to 2028. Starting at 73.3 thousand kilograms in 2024, it is expected to rise incrementally each year, reaching 78.17 thousand kilograms by 2028. This represents a year-on-year growth of approximately 1.71% to 1.78%. Notably, the compound annual growth rate (CAGR) over this five-year period stands at around 1.7%.
Future trends to watch include:
- Technological advancements in loom manufacturing that could affect import demands.
- Shifts in global textile trade policies impacting re-import strategies.
- The impact of domestic production capabilities on import needs.