In 2023, the re-import of domestic vacuum cleaners to China stood at 202.51 thousand kilograms. The forecast for 2024 indicates a decrease to 193.66 thousand kilograms, a 4.37% drop. Subsequent years continue this declining trend: 2025 sees a 4.54% decrease to 184.88 thousand kilograms, 2026 a 5.97% decrease to 176.26 thousand kilograms, 2027 an 4.78% decrease to 167.82 thousand kilograms, and finally 2028 a 4.93% decrease to 159.55 thousand kilograms. The five-year compound annual growth rate (CAGR) for this period is approximately -4.57%.
Future trends to watch for include:
- Increasing domestic production quality reducing the need for re-importation.
- The impact of global supply chain dynamics on re-import activity.
- Potential changes in consumer preferences towards more eco-friendly or technologically advanced vacuum models.
- Government policy shifts affecting import and re-import tariffs.