In 2023, re-imports of plastics and articles thereof to China were valued at $1.979 billion USD. Based on the forecast, this figure will slightly increase, presenting a year-on-year growth of approximately 0.42% from 2024 to 2028. The compound annual growth rate (CAGR) over this period is around 0.4% per year, indicating a gradual upward trend in re-imports.
Future trends to watch for include:
- Potential fluctuations in global plastic supply chains impacting import volumes.
- China's evolving environmental policies affecting plastic trade dynamics.
- Technological advancements in plastic recycling and its impact on re-import demand.