The projected import of pipe fittings of non-malleable cast iron to China indicates a steadily increasing trend from 2024 to 2028. Starting from an expected 1.3727 million kilograms in 2024, this figure is forecasted to grow annually by small increments, reaching 1.4413 million kilograms by 2028. This constitutes a compound annual growth rate (CAGR) of about 1.23% over the five-year period. In 2023, the data indicated that actual imports stood slightly lower, creating a baseline for these forecasts.

Future trends to watch for:

Changes in China's industrial policies or demand that could impact import volumes.
Global raw material price fluctuations that might influence production and import costs.
Technological advancements possibly affecting the supply chain and logistics.