The forecast for imports of portal or pedestal jib cranes to China shows a declining trend from 2024 to 2028, with values dropping from 102.04 in 2024 to 42.54 in 2028. When compared to the estimated value in 2023, there's a noticeable downward trend. The year-on-year percentage decreases reflect a continuous drop in imports, which may be attributed to factors like local manufacturing growth or decreased demand.
Future trends to watch for:
- Potential increase in localization efforts or domestic production capabilities in China.
- Changes in global trade policies or tariffs affecting import dynamics.
- Technological advancements influencing the demand for different types of cranes.