The import of non-numerically controlled punching, notching, and punch-shear machine tools to China is expected to rise steadily from 2024 to 2028. Starting at $65.795 million in 2024, imports are forecasted to reach $71.18 million by 2028. The year-on-year growth exhibits a steady upward trend with an approximate annual growth rate of 2-2.5%. Unfortunately, the data for 2023 is not given, but given the trend, we assume a continuation from previous years.
Future trends to watch include potential market impacts from technological advancements that might lower demand for non-numerically controlled machines. Global trade policies and economic conditions, including costs of raw materials, could also influence these import figures going forward.
