The forecast for the import of non-electrical lamps and lighting fittings to China from 2024 to 2028 indicates a declining trend. Starting at 291.32 thousand kilograms in 2024, the volume is predicted to decrease progressively to 274.48 thousand kilograms in 2028. Since we are in 2024, comparative data for 2023 is necessary to provide a precise year-on-year percentage variation, which is not available here. However, the forecasted volume exhibits a compound annual growth rate (CAGR) decrease over these years.
Future trends to watch include the increasing shift towards energy-efficient and smart lighting solutions, which could affect the demand for non-electrical lamps. Changes in domestic production capabilities and shifts in consumer preferences may influence the import volumes in the long term. Additionally, regulatory policies promoting sustainable products could also alter market dynamics in China.
