The forecasted import of electric conductors without connectors for a voltage range of 80-1000 volts to China indicates a steady increase from 154.56 million kilograms in 2024 to 161.19 million kilograms by 2028. For context, the import volume stood at approximately 152 million kilograms in 2023. The year-on-year growth between 2024 and 2025 is 1.10%, slightly increasing to 1.07% by 2028. Evaluating over five years, the Compound Annual Growth Rate (CAGR) forecasts an average annual growth of around 1.06%.
Future trends to watch for include:
- Technological advancements enhancing efficiency and capacity of electric conductors.
- Policy changes in China’s energy and import sectors that could impact demand.
- Fluctuations in global raw material prices impacting the supply chain and pricing.
