In 2023, the import value of injection-moulding machines for rubber or plastic to China stood at approximately 7.30 thousand units. From 2024 to 2028, the forecast shows a descending trend with values starting at 7.14 thousand in 2024 and reaching 6.48 thousand by 2028. The year-on-year percentage decrease is consistent, indicating a steady decline over the period. The compound annual growth rate (CAGR) from 2024 to 2028 suggests an average annual decrease, reflecting heightened domestic production capabilities and a potential shift towards more sustainable materials.
Future trends to watch for include technological advancements in domestic production capabilities and potential shifts in trade policies affecting importation. Monitoring China's focus on sustainability initiatives could also influence the demand for older plastic molding technologies.
