Forecast: Import of Heat Exchange Units Non-Domestic and Non-Electric to China

The forecast for China's import of non-domestic, non-electric heat exchange units suggests a declining trend from a value of 19.794 million kilograms in 2024 to 16.376 million kilograms by 2028. The volume stood at 20.5 million kilograms in 2023, showing a consistent year-on-year decrease. Specifically, from 2024 to 2025, a decrease of 4.44% is observed, followed by a 4.56% decline from 2025 to 2026. This negative trend continues with a 4.69% drop in 2027 and another 4.82% by 2028. The compound annual growth rate (CAGR) for these five years is approximately -4.35%.

Future trends to watch for include:

  • Global shifts towards energy efficiency might impact importing patterns.
  • The domestic manufacturing capabilities of China might further reduce import needs.
  • Potential changes in trade policies and economic environments could also influence future imports.

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