In 2023, China's import of vermiculite, perlite, and chlorites stood at 44.5 million kilograms. Forecast data indicates a steady growth in imports from 2024 to 2028, with a compound annual growth rate (CAGR) of approximately 2.6%. Year-on-year growth reflects a consistent upward trajectory, signaling strong demand and potential economic factors supporting this trend. The projected volume for 2028 is 50.604 million kilograms, marking a significant increase from 2023 figures.
Future trends to watch for include:
- Potential shifts in global supply chains influencing import volumes.
- Technological advancements in industry applications driving demand.
- Regulatory changes both locally and globally impacting trade dynamics.
