The forecast for the re-import of butcher's knives and hunting knives to China predicts a steady increase in volume from 2024 to 2028. The estimated volume in 2024 is 155.69 thousand kilograms, growing consistently in subsequent years, reaching 179.87 thousand kilograms by 2028. This represents a year-on-year growth rate averaging around 3.8%. The compound annual growth rate over the 5-year period is approximately 3.6%. In 2023, the re-import volume stood at approximately 150 thousand kilograms, marking the beginning of this upward trend.
Future trends to watch for include:
- Potential impacts of international trade agreements which may influence re-import volumes.
- Technological advancements in knife manufacturing and their potential effect on domestic demand.
- Consumer trends in lifestyle and outdoor activities that may increase the demand for hunting knives.