The import of not carded or combed staple fibres of nylon or other polyamides to China is forecasted to grow from 2024 to 2028, increasing from $111.06 million to $121.51 million. Assuming the value in 2023 was approximately $108 million, this indicates a steady growth trajectory.
Year-on-year growth between 2024 and 2025 is projected at approximately 2.42%, continuing similarly in subsequent years. The compound annual growth rate (CAGR) over the five-year period (2024-2028) is approximately 2.20%.
Future trends to watch for:
- Increased demand in downstream industries such as textiles and automotive, potentially influencing import levels.
- Technological advancements in fibre production may alter demand dynamics.
- Environmental regulations impacting production processes and market preferences.