In 2023, the re-import of parts of machinery for making pulp, paper, or board to China was recorded, marking the reference point for the subsequent forecasted years. By 2024, projections show a modest growth trajectory in value starting at 896.95 thousand US dollars, gradually increasing each year to reach 1036.2 thousand US dollars by 2028. This indicates a stable upward trend with a steady year-on-year growth percentage, with a compound annual growth rate (CAGR) reflecting an average rise over five years.
Future trends to watch for include:
- Potential demand fluctuations impacted by technological advancements in machinery.
- Shifts in global trade dynamics affecting re-import levels.
- China's domestic production capabilities and policy changes related to importation.