The import of wirewound variable resistors for a power handling capacity exceeding 20 watt to China is projected to decrease significantly from $2.6065 million in 2024 to $1.3991 million in 2028. The year-on-year variation shows a consistent decline with an average decrease of approximately 11.5% per annum. Previously, in 2023, the market value was not included but is critical to note as it serves as a baseline reference for this declining trend.
Future trends to watch for:
- Technological advancements in domestic production, potentially reducing import needs.
- Changing demands in power electronics due to shifts toward renewable energy solutions.
- Potential trade policy alterations impacting import activities.
