The import of aluminium containers for compressed or liquefied gas to China is projected to decline steadily from 2024 to 2028, starting at 271.48 thousand kilograms and decreasing by about 3 to 5% year-on-year. The consistent decrease suggests a shift in market dynamics, perhaps due to increased domestic production or changes in industrial demand. The compound annual growth rate (CAGR) over the forecast period is negative, indicating a gradual reduction in imports by about 4% per year.
Future trends to watch for:
- Potential for technological advancements in local production.
- Strategic trade policy shifts affecting import needs.
- Fluctuations in global aluminium prices impacting cost-effectiveness.
