The import of paper and paperboard coated, bleached, impregnated, or covered with plastics and weighing more than 150 g/m² to China is projected to gradually decline from 2024 to 2028. Starting at $128.99 million in 2024, it is forecasted to decrease to $123.33 million by 2028. The year-on-year variation suggests a consistent decrease with an overall compound annual growth rate (CAGR) reflecting a downward trend over the five-year period. Previously, in 2023, the scenario likely exhibited different figures—arriving at a comparative baseline for the forward-looking forecasts.
Future trends to watch for include:
- Changes in global supply chains affecting raw material availability.
- China's evolving environmental regulations on plastic-coated products.
- Technological advances leading to alternatives for these paper products.
- The impact of China's economic growth rate on import demands.
