In 2023, the re-import of hand sharpening or polishing stones to China was recorded at 43.65 thousand US dollars. Looking at the forecast from 2024 to 2028, there's a consistent upward trend, with values gradually increasing from 44.48 to 47.8 thousand US dollars. This translates to approximately a 1.93% growth from 2024 to 2025, and slightly lower growth rates each following year, reflecting a steady, though modest, rise. The compound annual growth rate (CAGR) over these five years is anticipated to be around 1.8%, indicating a stable demand.
Future trends to watch include potential impacts from advances in technology and manufacturing processes, which could influence the demand and pricing of such materials. Additionally, changes in trade policies and economic conditions could further affect import levels and costs.
