In 2023, the import of tubes of low expansion glass to China stood at 20.9 million kilograms. Forecasts show a steady increase in imports, reaching 25.26 million kilograms by 2028. The yearly growth rates are as follows: 4.06% in 2024, 4.08% in 2025, 3.82% in 2026, and 3.57% in 2027. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.84%.
Future trends to watch for include:
- Technological advancements in glass manufacturing that could impact demand.
- China's industrial policies which might affect import tariffs and local production capabilities.
- Fluctuations in global commodity prices impacting costs.
