The import of unsaturated polyesters to China is experiencing a significant year-on-year decline. From 2024 to 2028, imports are forecasted to decrease from 10.159 million kilograms to 0.68588 million kilograms, reflecting a sharp downward trend. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is negative, indicating a consistent decrease year-over-year.
Key notable trends and future areas to watch include:
- The global economic climate and its impact on manufacturing industries demanding unsaturated polyesters.
- Technological advancements within China, potentially leading to increased domestic production and reduced import dependency.
- Evolving environmental regulations that may influence changes in material preferences and import strategies.