China's import of broken or scutched flax fibre is forecasted to increase steadily from 2024 to 2028, with values expected to rise from $478.64 million in 2024 to $535.1 million in 2028. Calculating the Compound Annual Growth Rate (CAGR) over this five-year period indicates an average annual growth of approximately 2.8%. This reflects a stable upward trend in imports, suggesting growing demand or use within China. Unfortunately, specific 2023 volume or value data is unavailable to highlight year-on-year percentage changes from 2023.
Future trends to watch for include potential shifts in global flax fibre production, trade policies affecting import costs, and trends in the textile industry, which heavily influences flax fibre demand. Monitoring these factors will be crucial for anticipating further changes in their import patterns.
