Forecast: Re-Import of Skid Chain of Iron or Steel to China

In 2023, the re-import volume of skid chains of iron or steel to China was approximately 16,000 kilograms. The forecast for 2024 to 2028 indicates a steady growth, with an increase expected from 16.96 thousand kilograms in 2024 to 20.06 thousand kilograms by 2028, reflecting a gradual upward trend in re-import demand.

The year-on-year growth rates from 2024 to 2025 are projected at approximately 4.7%, and similar trends are expected with consistent increases each subsequent year. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected to be around 4.2%.

Future trends to watch include:

• Potential changes in global steel prices impacting import volumes.
• Shifts in China's domestic production and consumption patterns.
• Trade policies and agreements that might affect international supply chains.