In 2023, the import of angles, shapes, and sections, welded of iron or steel to China stood at approximately 19.3 million kilograms. The forecast data for 2024 to 2028 shows a gradual increase in import volume, with an average annual growth rate (CAGR) of around 1.2%. Year-on-year variations reflect steady growth as imports rise from 19.533 million kilograms in 2024 to 20.466 million kilograms by 2028.
Future trends to monitor include:
- Potential fluctuations in global steel prices affecting import dynamics.
- Domestic production advancements possibly curbing future import reliance.
- Geopolitical factors influencing trade relations and policies.
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