The import of shuttering for concrete constructional work of wood to China is projected to decline from 2024 to 2028, starting at $726.27 thousand in 2024 and dropping to $665.56 thousand by 2028. This suggests a consistent downward trend over the five-year period, with decreasing values each subsequent year.

Year-on-year analysis for the upcoming years shows a gradual decrease: 2025 sees a decline of around 2.15% from 2024, 2026 falls by roughly 2.16% from 2025, and the trend continues similarly in 2027 and 2028 with downward percentages. The Compound Annual Growth Rate (CAGR) for this period indicates an overall reduction rate per annum.

Future trends to watch for include:

Changes in China's construction policies or projects that could impact demand for shuttering materials.
Fluctuations in the global supply chain and their effect on import costs.
Innovations in construction techniques that may reduce reliance on wood shuttering.