The import of circular saw blades with working parts other than steel to China is forecasted to show a steady upward trend, increasing from $48.556 million in 2024 to $55.618 million in 2028. This represents a positive average annual growth rate over the five-year period. Year-on-year growth is expected as follows: 2024 to 2025 by 3.74%, 2025 to 2026 by 3.54%, 2026 to 2027 by 3.35%, and 2027 to 2028 by 3.18%.
Key future trends to watch for:
- Technological advancements increasing demand for non-steel materials.
- Growth in manufacturing and construction sectors in China.
- Potential shifts due to geopolitical influences on trade policies.