In 2023, China's import of welded pipes and tubing of alloy steel, excluding stainless steel, stood at 37 million kilograms. Forecasted data from 2024 to 2028 shows a steady increase in volume, with a compound annual growth rate (CAGR) reflecting consistent year-on-year growth.
- 2024: 3.2% growth from 2023
- 2025: 3.2% from 2024
- 2026: 3.0% from 2025
- 2027: 2.9% from 2026
- 2028: 2.7% from 2027
Trends to watch in upcoming years include shifts in China's demand due to potential changes in domestic industries, evolving trade policies, and advancements in alternative materials. Monitoring these factors will be crucial for adjusting forecasts and strategic planning.
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