The forecast for China's import of petroleum jelly shows a consistent upward trend from 2024 to 2028, with anticipated values increasing annually. The year-on-year growth is modest, indicating a stable increase in demand or necessity. In 2023, imports stood at 3.5 million kilograms, meaning a projected steady growth across five years that could average about 2% annually in this period.
Future trends to watch for include:
- Potential market saturation that could slow growth.
- International price fluctuations impacting import levels.
- Domestic production development impacting import needs.