In 2023, China's import of flat rolled high-speed steel of a width less than 600 mm stood at an actual value of approximately 1.4896 Million Kilograms. The forecasted data from 2024 to 2028 indicates a steady, though moderate, annual increase in imports, reaching an estimated 1.6032 Million Kilograms by 2028. Year-on-year growth from 2024 to 2028 averages around 1.5%. The compound annual growth rate (CAGR) over this period is expected to be about 1.5%, suggesting a stable upward trend in imports.

Future trends to watch for include:

Potential impacts of advancements in domestic production reducing reliance on imports.
Changes in global steel market dynamics and pricing.
Regulatory changes and trade agreements affecting import volumes.
Technological advancements that could affect demand for specific steel types.