In 2023, the import of vapour generating boilers, including hybrid boilers to China, stood at XX million USD (actual data). From 2024 onwards, forecasts show a steep decline, starting at 7.5763 million USD. Year-on-year, imports are expected to decrease by significant percentages - 24.8% in 2025, 32.4% in 2026, 46.9% in 2027, and finally 86.6% in 2028. The CAGR over these years is sharply negative.

Future trends to watch:

Increasing focus on domestic production and technology advancement may reduce reliance on imports.
Policy shifts towards renewable energy could impact demand for traditional boilers.
Economic factors and energy market trends will play a crucial role in shaping future import volumes.