The import of boards of vegetable fibre with a mineral binder or cement to China is forecast to witness a declining trend from 2024 through 2028, starting at 3.8653 million kilograms in 2024 and decreasing annually to reach 3.4448 million kilograms by 2028. When compared to the actual data prior to 2024, this marks an overall reduction in import volume. From 2024 onwards, the year-on-year decreases are consistent, reflecting a gradual shrinkage in demand or potential shifts in sourcing strategies. The compounded annual growth rate (CAGR) across the five years leading up to 2028 denotes a steady contraction in import volume.
Future trends to watch for include the potential impact of evolving environmental regulations in China, which could either stimulate domestic production or encourage the use of alternative, more sustainable building materials. Additionally, shifts in China's construction industry demands and international trade policies might influence import dynamics of these materials.
