In 2023, the import of parts of machinery for print preparation to China amounted to 3.5 million US dollars. The forecast indicates a declining trend, with values dropping from 3.2127 million in 2024 to 1.8439 million by 2028. The year-on-year variation from 2024 to 2025 shows a decrease of approximately 10.98%, and a similar downward trajectory is consistent each subsequent year. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is expected to average at a negative rate, indicating an overall contraction in this sector.
Future trends to watch for:
- Technological advancements potentially reducing the need for imported machinery parts as local production improves.
- Changing trade policies that could impact import tariffs or restrictions.
- Market demand shifts due to evolving print media consumption patterns in China.