The import of Polymers of Vinyl Chloride to China has shown varying trends over the past decade. Starting from a high in 2013, there was a consistent decline in import values until 2016, followed by a notable increase in 2017. However, the values have largely been unstable with minor fluctuations upwards and downwards. By 2023, the value stood at 1.4117 Billion US Dollars, with minimal year-on-year change.
Key variations:
- 2013-2014: -9.62% Year-on-Year, -4.53% CAGR
- 2015-2016: -5.55% Year-on-Year, -8.99% CAGR
- 2017-2018: -2.73% Year-on-Year, -1.83% CAGR
- 2019-2020: -17.39% Year-on-Year, -2.43% CAGR
- 2020-2021: +13.93% Year-on-Year, +1.3% CAGR
- 2022-2023: -0.44% Year-on-Year, -0.6% CAGR
Forecasts predict a very slight decline over the next five years with a forecasted 5-year CAGR of -0.36% and an overall forecasted decline rate of 1.8% by 2028. Future trends to watch for include potential changes in trade policies, economic reforms in China, technological advancements in polymer production, and shifts in global supply chain dynamics, all of which could affect import levels significantly.
