The re-import of cooking appliances for liquid fuel made of iron or steel to China is projected to decrease steadily from 2024 to 2028, with values falling from 2.27 to 1.52 thousand USD. In 2023, this metric was higher, indicating a downward trend going forward. Year-on-year percentage decreases reflect a consistent decline in demand or need for re-imports of these appliances. The compound annual growth rate (CAGR) over this period shows an average yearly decline in value.
Future trends to watch include:
- Technological advancements in cooking appliances which may reduce dependency on imports.
- Shifts in consumer preferences towards more sustainable or alternative fuel sources.
- Changes in trade policies or tariffs affecting import levels.