The import value of rolls for metal rolling mills to China was 10.05 thousand in 2023. From the forecasted data, there is a consistent downward trend from 2024 to 2028. Year-on-year, a decline by approximately 4.3% is observed from 2024 to 2025, with a similar reduction rate noted through to 2028.
The compound annual growth rate (CAGR) over this five-year period is expected to reflect a gradual decrease in imports. The steady decline may be attributed to increased domestic production capabilities or changes in demand within the industry.
Future trends to watch include shifts in global trade policies, technological advancements in production, and potential increases in domestic market demand for metal goods, which may influence import figures.
