Based on the forecast data, China's import of spark plugs is expected to increase steadily from 2024 to 2028, rising from $292.95 million to $336.47 million. In 2023, the imports were valued at $280 million. The year-on-year growth shows a consistent upward trajectory with annual increases of around 3.8% to 3.9%. This trend indicates a Compound Annual Growth Rate (CAGR) of approximately 3.5% over five years.

Future trends to watch for include:

Advancements in automotive technology that could influence demand for spark plugs.
Environmental regulations impacting the type of spark plugs required.
Shifts in global trade policies affecting supply chains and import costs.