In 2023, the import value of the cellular sheet of regenerated cellulose to China was $9.7 million. The forecast from 2024 shows a steady upward trend, increasing from $10.052 million to $11.515 million by 2028. Year-on-year growth rates are positive, with around 3-4% annual increase. The compound annual growth rate (CAGR) over the next five years is projected to be approximately 3.0%.
Future trends to watch for:
- Rising environmental concerns could boost demand for regenerated cellulose due to its eco-friendly properties.
- Regulatory changes in import policies or tariffs may influence import volumes and value.
- Technological advancements in production may impact the competitiveness and pricing of imported cellulose sheets.