In 2023, the actual import value of multilayer ceramic fixed electrical capacitors to China stood at approximately 10 billion US Dollars. Looking forward, the forecast from 2024 to 2028 shows a steady annual increase in imports, with values rising from 10.473 billion in 2024 to 11.958 billion US Dollars in 2028. This represents a year-on-year growth in imports of around 3% to 4% annually.

Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be approximately 3.8%, reflecting a consistent upward trend in the import of these essential electronic components.

Future trends to watch for include:

The shift towards higher-density, higher-value multilayer capacitors driven by advancements in 5G, IoT, and electric vehicles.
Potential trade fluctuations due to geopolitical tensions or changes in global supply chain dynamics.
Technological advancements and domestic capacity expansion in China that might impact the import demand.