The forecasted import of paper and paperboard products coated, bleached, impregnated, or covered with plastics to China shows a continuous decline from 2024 to 2028. In 2023, imports stood at 35.5 million kilograms. Compared to 2023, the forecasted import value for 2024 represents a slight decrease. Each year, the import volume is predicted to decrease, indicating a downward trend. By 2028, the import volume is projected to drop to 31.923 million kilograms. This represents a negative compound annual growth rate (CAGR) over the five-year period, reflecting a consistent yearly reduction in import volume.
Future trends to watch for:
- Potential shifts in China’s domestic production capacity affecting import needs.
- Changes in environmental policies impacting demand for coated paper and paperboard products.
- Advancements in recycling technology possibly reducing dependency on imports.