The re-import value of collages and similar decorative plaques to China is forecasted to decline steadily from 2024 to 2028, starting at $34.17 thousand to $30.29 thousand. In 2023, the actual value stood higher than the forecasted 2024 value, indicating a declining trend.
Key observations:
- Year-on-year decreases are modest but consistent, averaging around 3% annually.
- The forecasted compound annual growth rate (CAGR) from 2024 to 2028 suggests a negative trend in the re-import market.
Future trends to watch include shifts in international trade policies and consumer preferences towards locally made decorative items, which could further influence re-import trends negatively.
