The re-import of extruders for working rubber or plastic to China is forecasted to decline significantly from 2024 onwards. In 2023, the actual import volume stood at a higher baseline compared to the forecasted decline in 2024. From 2024 to 2028, there is a sharp year-on-year decrease, with the volume dropping from 8.1 thousand kilograms in 2024 to just 0.433 thousand kilograms by 2028, indicating a compounded annual growth rate (CAGR) that reflects a substantial average decrease per year over this period.
Future trends to watch for include:
- The impact of technological advancements in domestic production capabilities, reducing dependency on re-imports.
- Changes in trade policies or economic conditions that could alter import dynamics.
- Shifts in global supply chain logistics influencing the accessibility and cost-effectiveness of re-importing extruders.