In 2023, the re-import volume of rubber tubes, pipes, or hoses reinforced or combined with textile materials to China was 4.50 thousand kilograms. The forecast indicates a steady decline from 2024, which shows 4.27 thousand kilograms, through to 2028 with 3.41 thousand kilograms. This reflects a consistent yearly decrease, averaging a -5% decline each year throughout the period. The declining trend suggests shrinking demand or increased local production capabilities.
Future trends to watch for:
- Potential impact of technological advancements in local manufacturing, possibly reducing the need for re-importation.
- Global trade policy changes that could either increase or further decrease import volumes.
- Shifts in China's domestic demand for these materials due to changes in industrial activity or regulatory measures.
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