In 2023, the re-import of diesel generating sets with an output of 375 kVA and more to China stood at USD 1.926 million. From 2024 to 2028, a gradual decline is forecasted, diminishing from USD 1.8989 million in 2024 to USD 1.7883 million in 2028. The year-on-year variations indicate a consistent downtrend of approximately -1.5% annually. The 5-year Compound Annual Growth Rate (CAGR) suggests an average annual decrease of -1.8%.
Future trends to watch include technological advancements in renewable energy solutions, policy shifts towards clean energy, and fluctuations in global diesel supply and pricing, which could further affect demand and re-import figures.
