The forecasted import of Polyvinyl Chloride (PVC) to China is expected to gradually decline from 2024 to 2028. In 2024, imports are valued at $730.23 million, decreasing by approximately 1.65% annually over the five-year forecast period to reach $683.44 million in 2028. Comparatively, 2023 recorded slightly higher imports, emphasizing a downtrend. Over successive years, individual year-on-year reductions average about 1.7%. The compound annual growth rate (CAGR) further emphasizes a steady decline across this period.
Future trends to watch for include potential impacts from China's domestic PVC production capabilities, changes in global trade policies, environmental regulations affecting PVC use, and shifts in regional economic conditions. These factors may influence both the demand and supply dynamics for PVC imports.
