The re-importation of electric conductors for a voltage over 1000 volts to China shows a consistent declining trend from 2024 onwards, with forecasted values dropping annually: from 42.28 thousand kilograms in 2024 to 15.02 thousand kilograms by 2028. Assuming that in 2023, the re-import volume was significant, this declining trend reflects a substantial reduction, with each subsequent year registering a marked decrease.
Variations Observed:
- 2025: -16.63% compared to 2024
- 2026: -19.57% compared to 2025
- 2027: -23.79% compared to 2026
- 2028: -30.55% compared to 2027
Compound Annual Growth Rate (CAGR) Analysis:
- A consistent negative CAGR describes the average annual decrease expected over the 5-year period from 2024 to 2028.
Future Trends to Watch:
- Technological advances potentially impacting production and re-import dynamics.
- Changes in domestic policy or international trade agreements affecting imports.
- Shifts in global demand for high-voltage electric conductors.