In 2023, the import volume of complex cyanides of metals to China stood at a figure lower than the projected 512.38 thousand kilograms in 2024. Over the forecast period, from 2024 to 2028, the import volume is expected to increase steadily, reaching 620.32 thousand kilograms by 2028. This growth reflects a compound annual growth rate (CAGR) illustrating a consistent upward trend.
Key Observations:
- Year-on-year growth rates show a continuous increase, indicating a strong demand trajectory in the import of these chemicals.
- Steady growth suggests a stable market with potential for strategic investment and supply chain optimizations.
Future Trends to Watch:
- Potential shifts in global supply chains impacting availability and pricing.
- Environmental and regulatory changes that could affect production and import of complex cyanides.
- Technological advancements in alternative materials or production methods.