The import of Kieserite and Epsomite to China is projected to decline sharply from 2024 to 2028. Starting at 8.71 thousand US dollars in 2024, imports are expected to fall significantly by about 76% to 2.09 thousand US dollars by 2028. This trend indicates a negative compound annual growth rate (CAGR) over the five-year period, reflecting a consistent annual decrease in imports.
Future trends to watch for include:
- Potential shifts in domestic production or alternative sourcing that might influence import reductions.
- Changes in agricultural and industrial demand within China that could impact the necessity for these minerals.
- Trade policy adjustments and international market dynamics that may affect import volumes.