The import of supported catalysts with nickel or nickel compounds to China is projected to grow steadily from 2024 to 2028, starting at 16.618 million kilograms in 2024 and reaching 19.197 million kilograms by 2028. This forecasted increase suggests a consistent annual rise, indicative of a robust demand for these catalysts in various industrial applications. Comparing the projected figures to 2023 data would provide the year-on-year percentage change needed to quantify this growth.
The compound annual growth rate (CAGR) over the forecasted period shows a healthy upward trajectory, emphasizing sustained interest and reliance on nickel-based catalysts in China’s industrial sector.
Future trends to watch include potential regulatory changes affecting import policies and technological advancements in catalyst efficiency, which could impact demand and import volumes. Additionally, fluctuations in global nickel prices may also influence import strategies.
