The forecast for imports of extruders for working rubber or plastic into China shows a consistent upward trend from 2024 to 2028, with values transitioning from 24.179 million kilograms in 2024 to 25.043 million kilograms in 2028. In 2023, the actual volume stood at 24.0 million kilograms, which highlights a steady increase. Year-on-year, this represents a modest growth averaging around 1% to 1.3% annually. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 indicates a stable rise in import volume.
Future trends to watch involve:
- The impact of technological advancements in rubber and plastic extrusion processes on import demand.
- China’s domestic production capacity for such machinery, potentially affecting future import volumes.
- Trade policies and international relations that could influence import dynamics.