The import of complex fluorine salts to China has seen fluctuations in the past decade. In 2023, imports stood at 7.508 million kilograms. From 2022 to 2023, there was a year-on-year increase of 1.92%. Over the last two years, the average annual growth rate was 1.96%, indicating a modest upward trend. The 5-year compounded annual growth rate (CAGR) from 2018 to 2023 was 4.4%. Looking ahead, the forecast for the next five years suggests a growth rate of 7.63%, with an average annual growth rate of 1.48%.
Future trends to watch for:
- Potential advancements in fluorine salt applications.
- Market disruptions due to geopolitical factors.
- Shifts in regulatory policies affecting chemical imports.
- China's evolving industrial demand for fluorine salts.
