The import value of waste or scrap of paper and paperboard made from mechanical pulp to China is forecasted to decline from 2024 to 2028, with figures decreasing each year from $813.57 million in 2024 to $778.16 million in 2028. This continued downward trend indicates a yearly decline, marked by a Compound Annual Growth Rate (CAGR) that reflects a consistent reduction in import values over these years.
Future trends to watch for include:
- China's efforts to enhance domestic recycling capabilities could further impact import needs.
- Global environmental regulations and shifts in consumer preference towards sustainable materials may affect the market dynamics.
- Technological advancements in recycling processes may alter demand for imported waste paper types.