In 2023, China re-imported Iron or Steel Wool and associated products totaling 15.00 thousand kilograms. From 2024 onwards, there is a steady increase in re-import volumes, showcasing a positive trend with values forecasted to rise to 17.46 thousand kilograms by 2028. The compound annual growth rate (CAGR) is approximately 2.5%. Year-over-year changes depict consistent growth, indicating expanding domestic demand or shifts in supply chain efficiencies.
Future trends to watch for include:
- Potential impacts of trade policies on import dynamics
- Technological advancements in production affecting domestic requirement for re-imports
- Economic factors shaping the demand for household and industrial cleaning products