The import value of furniture made from cane, osier, bamboo, or similar materials to China is forecasted to exhibit consistent growth from 2024 to 2028. In 2023, the value of imports stood at $65 million USD. From 2024 to 2028, year-on-year growth rates indicate an increasing trend: 3.5% in 2024, 3.6% in 2025, 3.4% in 2026, 3.2% in 2027, and 3.0% in 2028. The compound annual growth rate (CAGR) over these years is approximately 3.3%.
Future trends to watch for include:
- Monitoring changes in consumer preferences towards eco-friendly and sustainable materials.
- The impact of potential trade policies and tariffs on import volumes and values.
- Technological advancements in production affecting the price and quality of imports.
- The influence of economic factors such as inflation and currency exchanges on import costs.
