The import of brakes and parts for railway rolling stock to China shows a declining trend from 2024 to 2028, with a consistent decrease in the volume of imports. By analyzing the year-on-year percentage changes, the import volume slightly decreases annually, exhibiting a compound annual growth rate (CAGR) that is negative over this 5-year forecast period. In 2023, the imports stood at higher levels, initiating the downward forecast trend observed in 2024 onwards.

Future trends to watch for include:

The impact of domestic production enhancements in China that could further reduce reliance on imports.
Shifts in global supply chains and their influence on import volumes.
Technological advancements in railway systems that may alter demand for specific brake components.
Policy changes or regulations impacting the railway industry and international trade.