The import of mechanically made lace of man-made fibres to China is forecasted to decline from 2024 to 2028. Starting at USD 48.513 million in 2024 and decreasing to USD 38.351 million by 2028, the average compound annual growth rate (CAGR) is negative during this period. Compared to 2023, the year-on-year variation for 2024 shows a declining trend in imports, reflecting a decrease in market demand or a shift in production strategies.

Future trends to watch for include:

Changes in consumer preferences towards natural fibres, potentially impacting imports.
Technological advancements in domestic lace production reducing reliance on imports.
Trade policies and tariffs affecting international trade with major exporting countries.