The import of organic composite solvents and thinners, along with prepared paint or varnish removers to China, is expected to decline steadily from 2024 to 2028. Forecasts show a decreasing trend, with 2024 starting at 12.632 million kilograms and falling to 6.7894 million kilograms by 2028. This series indicates a consistent annual decrease.
The year-on-year variation emphasizes a continual decline with percentage decreases as follows: 2025 sees a drop of approximately 11.9%, 2026 a reduction of around 13.3%, 2027 a diminishment of about 15%, and finally, a nearly 17.3% decrease in 2028. Compounded annually, the five-year CAGR highlights an average negative growth rate.
Future trends to watch for include shifts in environmental regulations which could impact organic solvent imports, increased local production capabilities, and any economic developments that might influence industrial demand within China. Monitoring these factors will offer insights into potential changes in import needs.
