The re-import value of compression type household refrigerators to China is forecasted to decline steadily from 2024 through 2028. Starting at 127.22 thousand USD in 2024, it is expected to fall to 65.58 thousand USD by 2028. This reflects a downward trend, with an average annual decline of approximately 14% over these five years. Comparing the projected 2024 value to the most recent actual data from 2023 shows a notable decrease, aligning with the overall negative trajectory.
Future trends to watch for include shifts in Chinese domestic production, potential trade policy changes, or technological advancements in refrigeration that could influence both domestic demand and import frequencies. Monitoring international trade dynamics and consumer preferences for appliance efficiency and sustainability will also be crucial.
