The forecast for the import of bar and rod of high-speed steel in irregular coils to China shows a consistent decline from 2024 to 2028. In 2023, the value stood at 755.7 thousand kilograms. Year-on-year analysis reveals a decrease of approximately 2.83% from 2024 to 2025 and a similar trend continues through 2028. The compound annual growth rate (CAGR) over the forecasted five-year period is projected to be -2.25%, indicating a gradual downtrend in imports.

Future trends to watch for include:

Technological advancements in domestic steel production reducing dependence on imports.
Potential changes in trade policies affecting import volumes.
Economic factors influencing steel demand in China's manufacturing sectors.