In 2023, the import of sheet or film non-cellular and not reinforced of polymers of propylene to China stood at 119.60 million kilograms. The forecast for the following years indicates a steady increase: 2024 predicts 121.11 million kilograms, 2025 at 122.59 million, 2026 at 124.05 million, 2027 at 125.48 million, and 2028 at 126.88 million kilograms. This trend suggests a gradual annual growth, with year-on-year increases approximating between 1.2% and 1.5%. The 5-year CAGR illustrates a consistent rise, reflecting stable demand in this segment.
Future trends to watch for include:
- Potential impacts of geopolitical tensions on trade policies, affecting import volumes.
- Technological advancements in production that could shift domestic and global supply dynamics.
- Fluctuations in raw material prices and their influence on import needs.
- Environmental policies aiming at reducing plastic consumption could alter demand forecasts.