The re-import of mono- or di-sodium phosphates to China is projected to decline from 1.08 thousand kilograms in 2024 to 0.26836 thousand kilograms by 2028. This represents a significant decrease, with an annual average decrease of approximately 28.20% over these five years. When compared to data from 2023, this points to a substantial downturn in re-import volumes.
It's crucial to monitor potential factors impacting this trend:
- Production shifts in domestic markets reducing the need for imports.
- Global regulatory changes affecting trade dynamics.
- Innovations in alternative compounds that could affect demand.
- Currency fluctuations impacting trade competitiveness.