The forecast imports of refrigerating or freezing furniture to China in 2024 is 864.04 thousand kilograms. This represents a decline from the actual import value in 2023, which stood at 895.00 thousand kilograms. Forecasted values indicate a continuing downward trend, with imports expected to reach 745.02 thousand kilograms by 2028.
Year-on-year variations over the last two forecasted years show an average decline of approximately 3.5%. The compound annual growth rate (CAGR) from 2023 to 2028 is estimated to be around -3.5%, signifying a consistent contraction in import volumes over this period.
Key future trends to watch for include potential fluctuations due to shifts in global trade policies, technological advancements in refrigeration, domestic production enhancements, and economic factors that could influence both the demand and supply chain dynamics of refrigerating or freezing furniture in China.
