In 2023, the import value of bleached kraft paper and paperboard weighing 150-225 g/m² to China stood at a benchmark used for comparison. Forecasts indicate a steady growth rate with annual increases from 2024 through 2028, maintaining a stable upward trend. From 2024 to 2025, the year-on-year increase is approximately 2.24%, and from 2025 to 2026, about 2.15%. From 2026 to 2027, the growth is expected at 2.06%, and from 2027 to 2028, at approximately 1.98%, reflecting slight deceleration in growth rate over time. The compound annual growth rate (CAGR) for this period is stable over the forecasted years, indicating a consistent increase.
Future trends to watch for include:
- Potential impact of changes in international trade policies and tariffs.
- Innovations in sustainable packaging and eco-friendly paper products influencing demand.
- Economic fluctuations impacting China’s import capabilities and consumer demand.