In 2023, the re-import of tracing papers to China stood at 18.6 thousand US dollars. The forecasted data from 2024 through 2028 indicates a gradual increase, starting at 19.05 thousand US dollars in 2024 and reaching 20.98 thousand US dollars by 2028. This represents a compound annual growth rate (CAGR) of approximately 1.9% over the period.
The year-on-year growth from 2024 onwards remains steady around 2-2.5%, suggesting a consistent upward trend in re-imports, driven likely by increasing domestic demand and re-export opportunities.
Future trends to watch for include:
- Potential shifts in global supply chain dynamics and their impact on import patterns.
- Technological advancements in digital designing tools reducing reliance on tracing papers.
- Policy changes in China affecting import tariffs or incentives for local production.