In 2023, the import value of derricks, cranes, straddle carriers, and crane trucks to China was not provided, but forecasting data from 2024 indicates a decline trend. From 2024 to 2028, there is an expected decrease in import value, with year-on-year declines projected at approximately 16.24% to 29.27%. The compound annual growth rate (CAGR) over this period is negative, indicating a consistent downturn.
Future trends to watch include potential shifts in domestic production capabilities, advancements in technology favoring local alternatives, and changes in infrastructure investment priorities that may further affect import dynamics. Monitoring global supply chain developments and trade policies will also be crucial.
