In 2023, the re-import of starter motors to China stood at the last recorded measurement before the forecasted increases. From 2024 to 2028, a year-on-year increase in volume is forecasted, starting from 146.85 thousand kilograms in 2024, reaching 173.15 thousand kilograms by 2028. This reflects a continuous upward trend with an average compound annual growth rate (CAGR). These values suggest a steady growth trend in the re-import volumes, typical for emerging market demands. The variations emphasize a progressive increase in volume.
Future trends to watch for include potential changes in China's automotive industry dynamics, such as shifts towards electric vehicles, which may affect the demand for traditional starter motors. Additionally, global supply chain developments and trade policies could significantly influence re-import volumes.
