In 2023, China had a baseline level of demand for re-imported coated electrodes of base metal for electric arc-welding. The forecast from 2024 to 2028 shows a consistent decline in the volume of these re-imports, decreasing from 14.01 in 2024 to 11.31 by 2028. This represents a year-on-year decline in volume, averaging around 5% annually, indicating a clear downward trend over the five-year period.

Future trends to watch for:

Potential shifts in domestic production capacity and technological advancements that could reduce the reliance on re-imports.
Impact of government policies promoting local manufacturing which may further drive the downward trend in re-imports.
Changes in global trade dynamics, including tariffs and supply chain restructuring, which could influence the re-import market.