In 2023, the import of fibreboard with the specified density category into China stood at an actual figure of 110 million kilograms. From 2024 onwards, a declining trend is evident with forecasted volumes dropping from approximately 104.18 million kilograms in 2024 to 77.836 million kilograms in 2028. The anticipated yearly decline reflects a gradual decrease in imports, with a year-on-year drop between 2024 and 2028 representing consistent negative growth. Over a five-year span, the compound annual growth rate (CAGR) indicates a steady reduction in import volume.
Future trends to watch for include shifts in domestic production capabilities, potential changes in demand due to environmental policies, and trade tensions that may alter import patterns. The move towards sustainable materials and changes in construction norms could dramatically affect the fibreboard market landscape.
