The forecast for China's import of O-Xylene from 2024 to 2028 shows a significant downward trend. Starting with a value of around 97.7 million USD in 2024, there is a consistent year-on-year decline, with the value dropping to approximately 10.1 million USD by 2028. Over this period, we observe a significant decrease each year, reflecting an average decrease of more than 30% annually. In 2023, the value stood at around 118 million USD, marking the start of this substantial diminishing trend in import values.
Future trends to watch for include potential shifts in domestic production capabilities, which could reduce reliance on imports further. Additionally, changes in global demand and pricing for O-Xylene, technological advancements, and environmental regulations might impact these import figures significantly.
