The forecast for the import of numerically controlled machine tools to bend, fold, shear, or press metal to China from 2024 to 2028 shows a consistent upward trend, increasing from 3.46 thousand in 2024 to 4.01 thousand in 2028. In 2023, actual data showed imports stood at a value of 3.3 thousand. Year-on-year growth indicates a steady increase: 4.05% in 2025, followed by 3.89% in 2026, 3.74% in 2027, and 3.35% in 2028. The compound annual growth rate (CAGR) over these five years is approximately 3.61%.
Future trends to watch for include potential sustainability-driven demand shifts, technological advancements influencing purchasing decisions, and geopolitical factors affecting import regulations. Monitoring global supply chain dynamics and China's industrial strategy will be crucial to understanding this market's direction.
