Forecast: Imports of Plastics and Articles Thereof Rubber and Articles Thereof in China

The forecast for the imports of plastics and articles thereof, along with rubber and its articles in China, shows a steady growth trajectory. In 2023, these imports were valued at 105.0 billion USD. Over the next five years, a continual increase is anticipated, reaching 118.6 billion USD by 2028. The average annual growth rate from 2024 to 2028 is projected at approximately 2.2%, denoting a stable upward trend.

Looking ahead, several trends are crucial to monitor:

  • Technological advancements affecting production and demand for plastics and rubber.
  • Policies aimed at reducing plastic waste, potentially influencing import needs.
  • Developments in global trade agreements which might impact import costs or quantities.

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