In 2023, the export value of unwrought zinc and zinc alloys from China stood at approximately $95 million. From 2024 onwards, forecasts indicate a steady decline with a significant downward trajectory: $87.82 million in 2024, $79.86 million in 2025, $72.06 million in 2026, $64.41 million in 2027, and $56.92 million in 2028. This equates to year-on-year percentage decreases of 7.42% in 2024, 9.06% in 2025, 9.77% in 2026, 10.63% in 2027, and 11.61% in 2028. The compound annual growth rate (CAGR) over this period indicates an average annual decrease of approximately 9.13%.
Future trends to watch for include:
- Potential impacts of global environmental policies targeting metal production and exportation.
- Technological advancements in alternative materials that could alter zinc demand.
- China's domestic economic policies which may influence export strategies and capacities.
- Fluctuations in global zinc demand due to economic recovery or recession in major markets.
- Shifts in international trade relations and agreements affecting exportation terms.
