The forecast for re-importation of sodium hydroxide in aqueous solution to China indicates a steady decline from 2024 to 2028, with quantities decreasing from 147.56 thousand kilograms in 2024 to 54.26 thousand kilograms in 2028. This represents a significant drop in year-on-year volumes.
In 2023, the re-import volume was slightly below the 2024 forecast, marking the beginning of the downward trend. The sharp decrease in the five-year forecast period suggests a compound annual growth rate (CAGR) that is negative, reflecting a significant contraction in demand.
Future trends to watch for include:
- The impact of domestic production capacities on import needs
- Technological advancements in production and recycling of sodium hydroxide
- Regulatory changes affecting the chemical industry in China
- Global market demand affecting local supply chains
- Environmental policies influencing the chemical import market
