In 2023, the re-import of plastic office and school articles and supplies to China was recorded at a volume of 134.00 thousand kilograms. Projected to 2024, a slight decline to 132.27 thousand kilograms is anticipated, marking a year-on-year decrease of 1.29%. The trend continues downward, with the forecast for 2028 showing a volume of 122.86 thousand kilograms. Over five years, the compound annual growth rate (CAGR) reflects a decline, emphasizing a consistent decrease in re-import volumes of these products.
Future trends to watch for:
- Potential impact of sustainable practices and policies on re-import volumes.
- Advancements in domestic production capabilities that may reduce the need for re-importation.
- Fluctuations in global plastic prices that could influence cost-effectiveness of re-importing.
