In 2023, China's re-import of worked slate, articles of slate, or agglomerated slate stood at approximately 32.8 thousand US dollars, marking the baseline for trend analysis. The forecasted data from 2024 to 2028 indicates a consistent year-on-year decline in value, with figures reducing from 32.02 thousand US dollars in 2024 to 28.66 thousand US dollars by 2028. This translates into an average annual decrease (CAGR) of about 2.15% over the five-year period.
Key future trends to monitor include:
- The impact of global supply chain dynamics and trade policies on import costs.
- Evolving consumer preferences towards sustainable building materials which could influence demand.
- The technological advancements in slate processing that could affect costs and quality.