The forecasted import of Gypsum and Anhydride to China shows a consistent upward trend from 2024 to 2028. Starting at 502.75 million kilograms in 2024, it grows to 603.59 million kilograms by 2028. Comparing to 2023, the latest actual data indicates an import volume of 478.00 million kilograms. This showcases a year-on-year growth trend.
Analysing the variations between forecasted years:- 2023 to 2024: an increase of 5.17%.- 2024 to 2025: an increase of 5.16%.- 2025 to 2026: an increase of 4.82%.- 2026 to 2027: an increase of 4.50%.- 2027 to 2028: an increase of 4.21%.- The compound annual growth rate (CAGR) for the period from 2023 to 2028 is approximately 4.83%.
Future trends to watch for include potential changes in domestic production capacities, government policy shifts that could affect import dependency, and fluctuations in global gypsum and anhydride prices which can significantly impact import volumes. Monitoring market demands within the construction sector, which heavily utilizes these materials, will also be crucial for accurate forecasting.
