In 2023, the import of activated carbon to China stood at around 51.5 million kilograms. Based on forecasted data from 2024 onwards, there is an anticipated year-on-year increment in volume. The figures estimated for 2024 to 2028 suggest a gradual increase, with a compound annual growth rate (CAGR) of approximately 4% over these five years.
Key Observations:
- Expect a consistent increase in imports from 2024 to 2028, reflecting growing demand in various industrial sectors.
- The average annual growth indicates a healthy trajectory driven by industrial expansion and stricter environmental regulations driving demand for activated carbon.
Future trends to watch include policy changes regarding environmental standards and technological advancements in production and utilization, potentially impacting import levels. Additionally, shifts in global supply chains can alter the balance between domestic production capabilities and the need for imports.