In 2023, the import volume of screwdrivers to China was 1.3921 million kilograms. From 2024, the forecasted data shows a steady increase. Year-on-year, the import volumes rise from 1.4589 million kilograms in 2024 to 1.7183 million kilograms in 2028. The percentage increase from 2023 to 2024 is approximately 4.8%. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is estimated at 4.15%.
Future trends to watch for include the impact of technological advancements on screwdriver quality and the influence of global trade policies on import and export dynamics. Rising domestic demand could further boost re-imports as industries expand.
