The import forecast for radiators and parts thereof made of iron or steel, excluding cast, to China shows a consistent upward trend from 2024 to 2028. Starting at 64.584 million kilograms in 2024, the volume is expected to increase to 75.551 million kilograms by 2028. This reflects a positive annual growth rate. In 2023, the volume stood at 62.0 million kilograms. The year-on-year growth rate between 2024 and 2025 is approximately 4.37%, and the compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is estimated to be around 4%.
Future trends to watch for include potential impacts from environmental regulations, technological advancements in radiator efficiency, and changes in local production capacities which could influence China's import demand and its global market position.
