The forecast for the re-import of helical springs of iron or steel to China indicates a declining trend from 2024 to 2028. In 2023, the re-import stood at a higher level compared to the forecasted figures for subsequent years.

The year-on-year analysis shows a negative trend in volume with a decrease in re-import from 2024 to 2028, where the average annual decline over this five-year period reflects a negative compound annual growth rate (CAGR).

Future trends to watch for:

The impact of technological advancements in local production potentially reducing dependency on re-imports.
Fluctuations in global steel prices that could influence the re-import volume.
Trade policy changes that may affect the cost and volume of imports.