The forecast for China's imports of pulp of wood or other fibrous cellulosic material, waste, and scrap of paper or paperboard shows a steady increase from 2024 to 2028. The import value is expected to increase from 23.16 billion USD in 2024 to 25.66 billion USD in 2028. This represents an average annual growth rate of approximately 2.6%. As of the end of 2023, imports were valued at 22.54 billion USD, indicating a consistent upward trend in the next five years.
Future trends to watch for include:
- Any shifts in global trade policies that could affect import costs and trade volumes.
- China's domestic production capabilities, particularly with respect to sustainable and recycled materials.
- Environmental regulations and consumer preferences favoring sustainable practices, potentially impacting import demand.