In 2023, the import of ground natural calcium phosphates to China was estimated at 70 million kilograms. Based on the forecast, there is a steady upward trend with a year-on-year increase, reaching 73.157 million kilograms in 2024 and continuing to rise each year, reaching 86.308 million kilograms by 2028. The projected compound annual growth rate (CAGR) over the next five years is approximately 4.2%, indicating robust growth in calcium phosphates imports into China.
Future trends to watch for include:
- Potential policy changes regarding the use of natural resources, which may impact import levels.
- Technological advancements in agriculture and industry that could alter demand for calcium phosphates.
- Trade agreements or geopolitical factors that could influence sourcing strategies.