In 2023, the re-import of brushes constituting parts of machines, appliances, or vehicles to China stood at a volume of approximately 280,000 kilograms. Forecast data from 2024 to 2028 shows a consistent decline in re-import volumes, with year-on-year changes indicating slight reductions each year. Specifically, each year's decline rate is around 0.5%, showing a gradually decreasing trend. The compound annual growth rate (CAGR) over this five-year period highlights an average annual decrease of about 0.5%.
Future trends to watch for include:
- Potential shifts in domestic manufacturing capabilities in China that might reduce the need for re-imports.
- Technological advancements in brush manufacturing that could impact demand patterns.
- Changes in trade policies or tariffs that could alter import-export dynamics.