In 2023, the import of melamine resins to China stood at 14.819 million kilograms. From 2024 onwards, a steady decline is forecasted through 2028. The volume is expected to decrease annually: 2024 (14.454 million kg), 2025 (14.093 million kg), 2026 (13.739 million kg), 2027 (13.392 million kg), and 2028 (13.052 million kg).
The year-on-year variations in percentage are as follows:
- 2025: -2.5%
- 2026: -2.5%
- 2027: -2.5%
- 2028: -2.5%
The compound annual growth rate (CAGR) from 2024 to 2028 is -2.5%.
Future trends to watch include potential changes in global trade policies, fluctuations in raw material costs, and advancements in alternative materials that could impact the demand and import volumes of melamine resins to China.
