The re-import of rigid polyethylene tubes, pipes, or hoses to China is forecasted to decline from 2024 to 2028, showing a decreasing trend. Compared to 2023, where the volume stood at 192 thousand kilograms, 2024 starts with a reduction. Year-on-year percentage variations reveal a steady decline: 2025 contracts by around 4.3%, 2026 sees a similar reduction by 4.43%, 2027 follows with a decrease of 4.53%, and 2028 continues the trend with a 4.67% drop compared to 2027. The compound annual growth rate (CAGR) over the next five years highlights a consistent shrinkage in the demand for re-imports.
Future trends to watch for include:
- Changes in local production capacities and technological advancements in polyethylene manufacturing.
- China's initiatives toward sustainability and recycling that may influence the volume of re-imports.
- Global supply chain dynamics and trade relations which could further impact import trends.