The import of wirewound variable resistors to China, each with a power handling capacity not exceeding 20 watts, is predicted to decline steadily from 2024 onwards. Starting from 55.23 thousand kilograms in 2024, it decreases to 30.91 thousand kilograms by 2028. This downward trend signifies a gradual reduction in demand with a noticeable year-on-year drop.
Year-on-year variations might reveal:
- 2025: Decrease of approximately 11.35%
- 2026: Decrease of approximately 12.53%
- 2027: Decrease of approximately 14.04%
- 2028: Decrease of approximately 16.02%
The compounded annual growth rate (CAGR) over five years highlights a consistent decline at an average rate, implying a shifting market preference or increased domestic production capabilities.
Future Trends to Watch:
- Technological advancements impacting domestic production capabilities.
- Global supply chain shifts and potential regulatory changes.
- Increasing focus on sustainability and energy-efficient alternatives.