Based on the data for the re-import of wood screws of iron or steel to China, the forecast for 2024 stands at 23.68 thousand kilograms, showing a slight declining trend through to 2028 at 23.3 thousand kilograms. The year-on-year decrease from 2024 to 2028 indicates a slow yet steady reduction in volume by an average of around 0.167% annually. In 2023, this value was observed to be higher, demonstrating that there is a consistent and gradual decrease expected over the forecast period.
Future trends to watch for include potential changes in domestic manufacturing capabilities in China, fluctuations in raw material costs, and variations in demand due to technological advancements or changes in construction practices that may further impact re-import volumes.
