In 2023, the re-import of paper and paperboard, articles of pulp, paper, and board to China stood at an estimated higher level, as suggested by the subsequent decrease in forecasted values starting from 2024. The year-on-year forecast shows a steady decline, with the import value dropping each year from 2024 to 2028. This indicates a gradual reduction trend over the years, highlighting a decrease in demand or strategic shifts in import preferences.
The compound annual growth rate (CAGR) reveals an average yearly decrease, emphasizing a prolonged downward trend. For future trends, watch for:
- Shifts in domestic production capabilities in China.
- Changes in global trade policies affecting paper imports.
- Technological advancements affecting paper industry dynamics.
