The re-import of spinning spindles, spindle flyers, and spinning rings to China is on a steady upward trajectory. In 2023, the volume stood at approximately 194 thousand kilograms. From 2024 to 2028, the forecasted growth shows a consistent increase with year-on-year percentages approximately: 4.5% in 2025, 4.2% in 2026, 4.0% in 2027, and 3.8% in 2028. The five-year CAGR is around 4.1%, indicating a stable expansion trend.
Future trends to watch for include:
- Technological advancements in textile machinery could enhance efficiency and impact import volumes.
- Trade policy changes or tariffs between China and key partners may influence the dynamics of re-importation.
- Sustainability practices and shifts in raw material availability might affect sector demand.
