Forecast: Import of Grinding, Sanding, Polishing Machines for Working Hard Materials to China

In 2023, China imported approximately 3.521 million kilograms of machines for grinding, sanding, and polishing hard materials. The forecast from 2024 to 2028 shows a gradual decline in imports: with a year-on-year decrease, the volume reduced from 3.5077 million kilograms in 2024 to 3.4489 million kilograms by 2028. Over this period, the compound annual growth rate (CAGR) reflects a modest contraction in import volume.

Future trends to watch for include:

  • Potential shifts in domestic production capabilities reducing reliance on imports.
  • Technological advancements possibly influencing import needs.
  • Changes in domestic demand driven by sectoral growth or policy shifts.

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