The import of gold compounds to China experienced various shifts over the past years with significant volatility. Starting from a dip in 2013 with a -9% YoY change, it saw steady growth phases mixed with occasional declines. The import value in 2023 stood at 159.19 million USD, reflecting a modest yearly increase of 1.56% and a rather flat CAGR of 0.59% over the past five years. Recent data indicate shifting dynamics with smaller fluctuations, signaling toward steadier import patterns.
Future trends to watch for:
- Forecasts predict a moderate growth trajectory with a five-year CAGR of 1.2%, reaching 172.43 million USD by 2028.
- Potential impact of global gold prices and domestic demand on import volumes.
- Government policies and international trade relations influencing import trends.