In 2023, the import value of granite, porphyry, basalt, and sandstone to China stood at approximately 1.1623 billion USD. The five-year forecast from 2024 to 2028 shows a steady increase in import value, starting from 1.1896 billion USD in 2024 to 1.2972 billion USD in 2028. This reflects an average annual growth rate, or Compound Annual Growth Rate (CAGR), illustrating a consistent growth pattern across these years.
Future trends to watch for include potential shifts in China's construction and infrastructure policies, which could impact demand for these stones. Additionally, global trade dynamics and environmental regulations might also influence import volumes and sources. Observing these factors will be critical in predicting future market behavior.
