Forecast: Import of Worked Granite to China

The import of worked granite to China is forecasted to show a steady increase from 2024 to 2028, starting at 7.264 million USD in 2024 and reaching 8.1334 million USD by 2028. The year-on-year growth rates from 2024 through 2028 highlight consistent moderate increases, indicative of a stable demand. The compound annual growth rate (CAGR) over the five-year period demonstrates a reliable upward trend in the market. In 2023, the value stood at slightly lower than the figure provided for 2024, marking the beginning of this forecasted growth phase.

Future trends to watch for include increased demand due to urban development projects and possible changes in trade policies impacting import dynamics. The role of technological advancements in quarrying and processing may also influence efficiency and costs, which could affect import levels. Monitoring global economic conditions will be vital as they could impact the disposable incomes that drive building and construction activities, further influencing granite imports.

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