The import of Polymethyl Methacrylate (PMMA) to China has shown significant fluctuations over the past decade. The value in 2023 stood at approximately 651.17 million USD. Historical data indicates a downward trend from 2013 to 2016, followed by a recovery from 2017 onwards. The year-on-year variation for 2022 was 7.72%, while for 2023 it was 2.24%. The Compound Annual Growth Rate (CAGR) over the last five years is approximately 1.15%.
Future imports are forecasted to grow steadily, with a projection of around 723.81 million USD in 2028, reflecting a 5-year CAGR of 1.72% and a total growth rate of 8.91% from 2023 to 2028. This suggests a stable but slow growth trajectory for PMMA imports.
Future trends to watch for:
- Technological advancements in PMMA applications and their market impact.
- Shifts in domestic production versus reliance on imports.
- Global supply chain dynamics and trade policies affecting import volumes.
