In 2023, the import value of watertube boilers with steam production not exceeding 45 T per hour in China stood at approximately 3.5 million US Dollars. The forecast data indicates a steady decline from 2024 to 2028, decreasing from 2.91 million USD in 2024 to 0.81 million USD by 2028. The year-on-year variation shows a consistent negative trend, with significant declines every year. The compound annual growth rate (CAGR) over the five-year period project a reduction of about 15% annually.
Future trends to monitor include technological advancements in domestic production capabilities in China, potential shifts in energy policy favoring locally manufactured equipment, and global trade dynamics impacting import continuity and cost-effectiveness.
