The import of cold metal rolling mills to China is forecasted to decrease gradually from 80.87 units in 2024 to 76.66 units in 2028. Considering actual figures stood at 81.96 in 2023, this trend indicates a steady annual decline in demand, which is reflected by an anticipated decrease of approximately 1.5% year-on-year. The compound annual growth rate (CAGR) over the five-year period points to a subtle contraction in imports.

Future trends to watch for:

Technological advancements in domestic manufacturing capabilities, potentially reducing reliance on imports.
Policy shifts influencing the importation of industrial machinery.
Global economic factors affecting trade relations with major exporters.