The import of electronic integrated circuits and microassemblies to China showed strong growth in the forecast from 2024 to 2028. The value in 2023 stood at 366.79 billion USD. By 2024, the value is expected to rise to 380.2 billion USD, marking a year-over-year increase of approximately 3.66%. The trend continues with a 3.6% rise to 393.85 billion USD in 2025 and a 3.38% increase to 407.22 billion USD in 2026. Further, values are anticipated to grow steadily at 3.22% to 420.32 billion USD in 2027 and an additional 3.05% to reach 433.16 billion USD by 2028. The Compound Annual Growth Rate (CAGR) over the five-year period stands at remarkable 3.41%, indicating consistent upward growth.
Future trends to watch for include technological advancements in integrated circuits and microassemblies, which could drive further demand. Additionally, policy changes regarding import regulations and shifts in global semiconductor supply chains might impact future forecasts. Keeping an eye on these factors will be crucial for market stakeholders.
