By 2024, China's import of cigarette paper, excluding rolls of width not exceeding 5 cm, is projected to stand at USD 36.122 million. Comparing forecasts, the anticipated year-on-year growth rates are approximately 2.98% from 2024 to 2025, 2.83% from 2025 to 2026, 2.69% from 2026 to 2027, and 2.58% from 2027 to 2028. This indicates a steady growth pattern. The Compound Annual Growth Rate (CAGR) over the forecast period from 2024 to 2028 is estimated at around 2.77%.
Future trends to watch for include:
- The impact of regulatory changes in China's tobacco industry on import demand for cigarette paper.
- The effect of consumer shifts towards alternative smoking products which may reduce traditional cigarette consumption.
- Developments in domestic cigarette paper production capacity which could influence import levels.