In 2023, China's import of hydraulic brake fluids and other prepared liquids for hydraulic transmission stood at 26.8 million kilograms. The forecast shows a steady increase from 2024 to 2028, reaching 29.723 million kilograms. The compound annual growth rate (CAGR) over this five-year period is approximately 2.45%. The year-on-year growth rates are relatively stable, indicating a consistent upward trend in imports.
Future trends to watch for include potential changes in technology impacting demand for hydraulic fluids, shifts in automotive manufacturing practices, and China's industrial policy adjustments that may influence import reliance. Monitoring these factors can provide insights into future market dynamics.
