In 2023, China's electrical capacitors exports were valued at 4.41 billion USD. The forecast for 2024 to 2028 shows a steady growth, with the value projected to rise from 4.43 billion in 2024 to 4.53 billion USD by 2028. This represents an average year-on-year growth of approximately 0.23% annually. This gradual increase suggests a stable demand for electrical capacitors in international markets, reflecting continuous technological advancements and applications worldwide.
Future trends to watch for include:
- Technological advancements and innovations that may boost demand.
- Changes in international trade policies affecting exports.
- The impact of global economic conditions on manufacturing and export activities.
- Increased adoption of renewable energy sources, potentially driving demand for capacitors.