Forecast: Import of Textile Fabrics Coated with Gum or Amylaceous Substances to China

In 2023, the import value of textile fabrics coated with gum or amylaceous substances to China was recorded at approximately 2.68 million US dollars. Notably, the forecasted data from 2024 to 2028 exhibits a downward trend, indicating a consistent yearly decline. In 2024, imports are projected at 2.4875 million US dollars, marking a 7.19% decrease from the previous year. The subsequent years continue this trend, with a year-on-year percentage decrease of approximately 8.05% in 2025, 8.61% in 2026, 9.22% in 2027, and 9.95% in 2028. The compounded annual growth rate (CAGR) over the five-year forecast period reveals an average decline of around 7.93% per annum.

Future trends to observe include:

  • Potential changes in global trade policies and their impact on import regulations.
  • Advancements in domestic manufacturing capabilities reducing reliance on imports.
  • Shifts in consumer demand driven by market trends toward sustainable and innovative fabric options.
  • Fluctuations in international prices of raw materials that could affect overall costs.

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