The re-import of stainless steel flat-rolled products of width 600 mm or more to China is projected to decline consistently from 2024 to 2028. Starting from a forecasted value of 7.8997 million USD in 2024, it decreases annually to 6.3196 million USD by 2028. This trend indicates a steady annual decline with compounded annual growth rate (CAGR) reflecting negative growth, given a significant contraction from 2024 onwards.
Future trends to watch for include:
- Shifts in global supply chains that might affect re-import volumes.
- Domestic production capabilities in China potentially reducing the need for re-imports.
- Possible trade policy changes impacting trade flows.