The forecasted re-import of lawn-tennis rackets to China shows a steady upward trend from 2024 to 2028, with values increasing from $1.7312 million in 2024 to $1.866 million in 2028. From 2023 to 2024, there is no specific data, but we can infer an increase due to the ongoing growth pattern. Year-on-year growth from 2024 to 2025 is 2.00%, with a consistent annual growth rate of around 1.85% up to 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 1.87%.
Future trends to watch for:
- Increased domestic demand in China potentially driving re-imports.
- Changes in international trade policies that could affect import costs.
- Technological advancements in racket manufacturing increasing quality demand.
- Potential fluctuations in currency exchange rates impacting import values.
