The import of textile fabric used in paper-making weighing 650 g/m2 or more to China is projected to gradually increase from $88.685 million in 2024 to $92.812 million in 2028. The year-on-year growth rate suggests a steady rise with slight increments each year. As of 2023, the actual import stood lower than the forecasted figures, reflecting a positive trend expected over the next five years. The compound annual growth rate (CAGR) suggests a modest but stable increase yearly during 2024-2028.
Future trends to watch for:
- Potential impacts of technological advancements in textile production which could influence import dynamics.
- China's evolving environmental regulations may alter demand for specific fabric types.
- Global trade policies and economic conditions may impact import levels and pricing strategies.