In 2023, the import of palladium in semi-manufactured forms to China stood at 4.30 thousand kilograms. Forecasts show a consistent year-on-year growth in imports: 4.43 thousand kilograms in 2024, 4.57 thousand kilograms in 2025, 4.7 thousand kilograms in 2026, 4.83 thousand kilograms in 2027, and 4.96 thousand kilograms in 2028. This translates to an average annual growth rate (CAGR) over the five-year period of approximately 3.65%.
Future trends to watch for:
- Technological advancements in industries relying on palladium.- Potential shifts in global trade policies affecting imports.- Fluctuations in palladium prices due to supply-demand dynamics.
