The import of waste of artificial fibers to China has shown a significant decline from 2018 to 2022, with values dropping consistently over these years. In 2018, the import volume was at its highest, and by 2022, it had decreased drastically, reflecting a diminishing trend in the consumption or need for imported artificial fiber waste.
Year-on-year variation shows a consistent decline, with a particularly sharp drop from 2021 to 2022. The compound annual growth rate (CAGR) over the last five years indicates a strong negative trend, which suggests a substantial reduction in imports on average each year.
Looking forward, future trends to watch for include policy changes in China related to waste imports, advancements in domestic recycling technologies reducing dependency on foreign waste, and shifts in global artificial fiber waste production that could affect import volumes. Observing these factors could provide insight into any potential reversals or continuations of current trends.
