In 2023, China imported machinery for pulping fibrous cellulosic material at approximately 2.55 million kilograms. Forecasts from 2024 to 2028 indicate a steady decline in imports. By 2028, it is expected to drop to around 1.71 million kilograms, reflecting a compound annual growth rate (CAGR) of approximately -7.9%. The significant year-on-year decrease is indicative of a shift in China's market dynamics or strategies towards increased domestic production capabilities or the adoption of alternative technologies.
Future trends to watch for include China's investment in local machinery production, advancements in pulping technology, and global trade policy changes. These factors could significantly affect import volumes and market dynamics in this sector.
