The import of water-skis, surf-boards, and other watersport equipment to China is forecasted to grow steadily from 2024 to 2028. In 2023, prior to the forecasted period, the import volume for these goods stood at 1 million kilograms. The forecast indicates an average annual growth rate (CAGR) over the next five years.
Key insights into the forecast:
- 2024: Growth in imports begins with a value of 1.0552 million kilograms.
- 2025: The import volume is expected to increase to 1.096 million kilograms, showing robust growth.
- 2026: Continuing the growth trend, the forecast projects imports rising to 1.136 million kilograms.
- 2027: The increasing demand is anticipated to push imports to 1.1752 million kilograms.
- 2028: By the end of the forecast period, imports will reach 1.2136 million kilograms.
Future trends to watch for include the potential impact of economic shifts, changes in recreational trends among Chinese consumers, and developments in tariff or trade agreements that may affect cost and volume of imports.
