The data indicates a consistent decline in the re-import of parts of machines for working rubber or plastic to China from 2024 to 2028. Starting at 131.46 thousand kilograms in 2024, it decreases to 80.91 thousand kilograms by 2028. By comparing this forecasted data, we observe a year-on-year decrease of approximately 10% to 12% each year. The compound annual growth rate (CAGR) over these five years reflects a significant negative trend, suggesting a systematic reduction in volume.
Future trends to watch for:
- Potential changes in China’s domestic production capabilities or policies affecting re-imports.
- Global supply chain adjustments and innovations in machine part production.
- Environmental regulations impacting the usage of machines working rubber or plastic.
