In 2023, China's import of polyester-based paints and varnishes stood significantly higher than the forecast for subsequent years. The 2024 forecast indicates a volume of 13.916 million kilograms, with a decline projected each year, dropping to 9.0898 million kilograms by 2028.

Year-on-year percentage declines reveal a shrinking import market: 2025 predicts a reduction by around 9%, 2026 by approximately 10%, 2027 by about 10%, and 2028 by another 11%. Over five years, the compound annual growth rate (CAGR) reflects a consistent decrease in import volumes.

Future trends to monitor include:

Shifts in domestic production capacity in China, potentially reducing reliance on imports.
Changes in environmental regulations affecting the use of non-aqueous medium paints.
Innovations in paint technology and potential substitutes that might alter demand.