In 2023, China's import of spring washers and other lock washers of iron or steel stood at an undisclosed actual value. Looking ahead from 2024 to 2028, the imports are projected to rise steadily from $71.006 million to $77.354 million. Year-on-year growth shows a consistent upward trend in demand with percentage increases around 2.29% annually. The compounded annual growth rate (CAGR) for this period is approximately 2.15%, indicating stable and moderate growth.

Future trends to watch for include:

Potential shifts in global manufacturing trends impacting import demand.
Trade policies and relations between China and major exporting countries.
Technological advancements in local manufacturing possibly affecting import levels.