In 2023, the re-import of parts and accessories of office machines to China stood at a substantial figure, preceding a forecasted decline towards 2028. From 2024 to 2028, a steady year-on-year decrease is noted, starting from $106.81 million in 2024 and tapering to $86.044 million in 2028. This reflects a consistent downward trend in re-import values.
Key percentage variations over the years indicate a negative year-on-year growth trend. Noteworthy is the compound annual growth rate (CAGR), highlighting this diminishing trend at an average annual decrease over the five-year period.
Future trends to watch include potential technological advancements, shifts in China's domestic manufacturing capabilities, and international trade policies. These factors could influence the trajectory of re-imports, potentially altering the current forecasted downward trend.
