In 2023, China's import of Red Lead and Orange Lead stood at a previous actual benchmark. For the forecast period 2024-2028, imports of these materials in China are expected to increase steadily. Year-on-year variations highlight gradual growth: 4% in 2025, 3.8% in 2026, 3.6% in 2027, and 3.4% in 2028. The Compound Annual Growth Rate (CAGR) over the five-year outlook suggests an average rise of 3.5% per annum.
Future trends to watch for include:
- Potential policy changes in China regarding environmental regulations that might affect demand for lead-based products.
- Shifts in industrial activity within sectors utilizing Red and Orange Lead could influence import levels.
- Technological advancements leading to alternatives and reduced dependency on lead compounds might moderate import growth.