The import of molybdenum powder to China is projected to increase steadily from 2024 to 2028, with forecasts indicating growth from 120.83 thousand kilograms in 2024 to 126.79 thousand kilograms in 2028. This represents a consistent year-on-year growth, with slight variations leading to an estimated compound annual growth rate (CAGR) indicative of stable demand. As of the end of 2023, the industry saw a notable baseline in the import volume, setting the stage for future forecasts.

Future trends to watch for include:

Demand shifts in downstream industries like steel and electronics, which may influence import needs.
Global supply chain adjustments impacting availability and pricing.
Technological advancements affecting industry requirements.