In 2024, the forecasted re-import of polyethylene with a specific gravity of 0.94 or more to China is projected at 2.5498 million kilograms, marking the anticipated recovery from 2023 levels. Over the subsequent years from 2024 to 2028, consistent year-on-year growth is forecasted, with increases of approximately 5.9% in 2025, 5.5% in 2026, 5.1% in 2027, and 4.7% in 2028. This trend suggests a compound annual growth rate (CAGR) of around 5.3% from 2024 to 2028, underlining a steadily growing demand.
Future trends to monitor include:
- Potential shifts in global production capacity or trade policies that may impact re-import levels.
- Changes in domestic production capabilities in China that could influence re-import dependencies.
- Evolving sustainability regulations impacting production and sourcing choices.
