The import of Rosin Salts or Resin Acid Salts to China is forecasted to grow steadily in the coming years, starting from 1.697 million USD in 2024 to 1.9837 million USD in 2028. This consistent growth suggests an upward trend, reflecting a year-on-year increase in import values, with a notable CAGR over the five-year period.
Notably, for 2023, the actual import value stood at 1.625 million USD. The year-on-year variation shows a trend of modest yet steady growth:
- 2024: +4.43% over 2023
- 2025: +4.34% over 2024
- 2026: +4.09% over 2025
- 2027: +3.85% over 2026
- 2028: +3.63% over 2027
Future trends to watch for include potential changes in global trade policies, shifts in supply chain dynamics, and evolving industrial demands in China. Additionally, attention should be paid to fluctuations in resin acid production globally and innovations in substitute materials which may impact import activities.