In 2023, China’s import of collapsible tubular aluminium containers was valued at approximately 1.86 million US Dollars. The forecasted data for 2024 to 2028 indicates a gradual decline, with imports decreasing to 1.50 million US Dollars by 2028. The year-on-year percentage change for 2024 is projected at -4.22%, continuing the downward trend with -4.02% in 2025 and progressively slowing until 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately -4.04%, highlighting a steady annual decrease in import value.
Future trends to watch for:
- Potential shifts in domestic production that might reduce dependency on imports.
- Evolution in packaging alternatives and materials that might impact aluminium container demand.
- Regulatory changes or trade relations affecting aluminium imports.