The forecast for the import of threaded fittings made from iron or steel, except stainless steel, to China indicates a steady growth from 2024 to 2028. In 2023, the actual import value stood at approximately $60 million, marking the base from which future forecasts grow. Between 2024 and 2028, the year-on-year growth remains modest, with an average increase of around 0.4% to 0.5% annually. The compound annual growth rate (CAGR) is in the range of 0.4%, reflecting steady yet conservative growth over these years.

Future trends to watch for include:

Shifts in global trade policies, which could impact import tariffs and regulations.
Changes in China's domestic production capacity affecting its reliance on imports.
Economic factors such as industry demand and infrastructure developments in China that might influence import levels.