The import of injection-moulding machines for rubber or plastic to China in 2023 stood at 70.5 million kilograms. Forecasts predict a year-on-year decline in imports from 2024 through 2028, with a compound annual growth rate (CAGR) of -0.6%. This decreasing trend signifies a moderate reduction in import volumes, likely reflecting shifts in domestic production capabilities or changing market demands.
Future trends to watch include:
- Potential advancements in domestic manufacturing capacity, potentially impacting import needs.
- Changes in global trade policies, which might alter import dynamics.
- Emerging technologies in injection-moulding that could influence the demand and supply chain.