The import volume of injection or compression types molds for rubber or plastic to China is forecasted to gradually decrease from 20.654 million kilograms in 2024 to 19.628 million kilograms in 2028. Compared to 2023, the change signifies a declining trend, with the annual decrease rate around 1.2%. Over the five-year period, the compound average growth rate (CAGR) is approximately -1.3%, indicating a continual reduction in import volumes.

Future trends to watch for:

Technological advancements and increasing domestic production capacities may further reduce the need for imports.
Economic fluctuations and domestic manufacturing policies could impact the import demand.
Environmental and sustainable practices might shift the material preference away from plastic molds.