In 2023, the import of non-refractory mortars and concretes to China stood at approximately 8.0 million USD. Displaying consistent growth, the forecasted values indicate a steady upward trend from 2024 through 2028, with an average year-on-year increase of around 3.5%. This suggests positive market confidence and steady demand for these imports in China. Over the five-year forecast, the compound annual growth rate (CAGR) is expected to align close to this percentage, reinforcing the trend of gradual expansion.
Future trends to watch for include potential changes in construction policies, economic conditions, and advancements in local production capabilities which could influence import dynamics. Additionally, shifts in global trade relationships and environmental regulations might impact supply chains and import strategies.
