In 2023, China's import of textile fibre combing machines stood at $5.8 million. The forecast indicates a declining trend, with 2024 imports valued at $5.29 million, diminishing further to $2.25 million by 2028. This reflects a year-on-year decrease, ranging from about 14.8% in 2025, 17% in 2026, 20.2% in 2027, to roughly 24.7% in 2028. Over the forecasted period, the compound annual growth rate (CAGR) is expected to decline at approximately 16.3% annually.
Future trends to watch for:
- Technological advancements that may reduce dependence on imports
- Increase in domestic production capacities
- Potential shifts in global trade policies affecting import costs
- Emerging alternative materials and textile technologies