In 2023, the import of nitrated and nitrosated hydrocarbons to China was recorded at an actual value of 15.15 million kilograms. Forecasts from 2024 to 2028 indicate a gradual increase, with an annual average growth rate of approximately 1.5%. Specifically, for the years 2024 to 2025, the imports are expected to grow by 1.60%, from 2025 to 2026 by 1.55%, from 2026 to 2027 by 1.49%, and from 2027 to 2028 by 1.44%. The compound annual growth rate over this five-year period is projected to be around 1.52%.
Future trends to watch for:
- Potential impact of environmental regulations on import volumes
- Development of alternative materials potentially affecting demand
- Global geopolitical influences on trade relations
- Technological advances influencing production and usage patterns
